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Swiss Market Fails To Hold Early Gains, Ends Flat

RTTNews | Před 876 dny

Swiss Market Fails To Hold Early Gains, Ends Flat

(RTTNews) - After a positive start, the Switzerland stock market briefly fell into the red around mid morning on Monday, and despite recovering and holding above the flat line till the end of the session, settled flat as investors refrained from making significant moves.

Worries about rising interest rates and their impact on global economic growth continued to hurt sentiment.

After raising interest rate by 50 basis points last week, the Swiss National Bank said rate hikes will continue in the coming months.

The benchmark SMI, which climbed to 10,837.94 in early trades, ended the session with a small gain of 2.85 points or 0.03% at 10,773.23.

Credit Suisse, Sonova and Lonza Group ended lower by 1.6%, 1.3% and 1.2%, respectively.

Givaudan, Partners Group and Geberit lost 0.8 to 1%. Swiss Life Holding, Swisscom, Sika and Roche Holding ended modestly lower.

UBS Group surged nearly 1.5%. Holcim and Nestle advanced 0.75% and 0.71%, respectively. Alcon, Logitech and Swiss Re gained about 0.5%.

In the Mid Price Index, Dufry gained 1.12% and Schindler Holding ended nearly 1% up. Barry Callebaut, Schindler Ps and Flughafen Zurich gained 0.75 to 0.83%.

Belimo Holding and Straumann Holding lost 2% and 1.91%, respectively. VAT Group, SIG Combibloc and Bachem Holding lost 1.1 to 1.6%.

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Australian Market Slightly Lower

Australian Market Slightly Lower

Australian shares are trading slightly lower on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.

RTTNews | Před 13 minutami

China Bourse Tipped To Open In The Green

China Bourse Tipped To Open In The Green

The China stock market has moved higher in consecutive trading days, improving almost 35 points or 1 percent along the way. The Shanghai Composite Index now rests just beneath the 3,375-point plateau and it's looking at a higher open again on Wednesday.

RTTNews | Před 21 minutami

Tech Shares May Boost Taiwan Stock Market

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, collecting almost 800 points or 4 percent in that span. The Taiwan Stock Exchange now sits just above the 21,330-point plateau and it's likely to open to the upside again on Wednesday.

RTTNews | Před 51 minutami

Japan Producer Prices Rise 0.2% In April

Japan Producer Prices Rise 0.2% In April

Producer prices in Japan were up 0.2 percent on month in April, the Bank of Japan said on Wednesday - slowing from 0.4 percent in March.

RTTNews | Před 56 minutami

Singapore Bourse May Crack Resistance At 3,900 Points

Singapore Bourse May Crack Resistance At 3,900 Points

The Singapore stock market has tracked higher in back-to-back sessions, gathering more than 30 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,880-point plateau and it may see additional support on Wednesday.

RTTNews | Před 1 h 21 min

Malaysia Shares Expected To Open To The Upside On Wednesday

Malaysia Shares Expected To Open To The Upside On Wednesday

The Malaysia stock market has moved higher in two straight sessions, advancing almost 40 points or 2.7 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may extend its gains again on Wednesday.

RTTNews | Před 1 h 51 min

Japan Bourse May Add To Its Winnings On Wednesday

Japan Bourse May Add To Its Winnings On Wednesday

The Japanese stock market has moved higher in four straight sessions, rallying more than 1,400 points or 3.7 percent along the way. The Nikkei 225 now sits just above the 39,180-point plateau and it may open in the green again on Wednesday.

RTTNews | Před 2 h 6 min

South Korea Shares May Extend Winning Streak

South Korea Shares May Extend Winning Streak

The South Korea stock market has finished higher in back-to-back sessions, collecting almost 30 points or 1.2 percent in that span. The KOSPI now sits just shy of the 2,610-point plateau and it's tipped to open to the upside again on Wednesday.

RTTNews | Před 2 h 21 min

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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory. Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku. Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Všechny údaje a informace jsou poskytovány "tak, jak jsou". pouze pro informační účely a nejsou určeny pro obchodní účely nebo rady. Výkonnost v minulosti neznamená výkonnost v budoucnosti.