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Swiss Market Fails To Hold Early Gains, Settles Flat

RTTNews | Před 917 dny

Swiss Market Fails To Hold Early Gains, Settles Flat

(RTTNews) - The Switzerland stock market failed to retain early gains and ended flat on Friday as investors chose to take some profits, cashing in recent gains.

The benchmark SMI, which advanced to 11,342.60 in early trades, ended the session at 11,290.79, up 2.97 points or 0.03%.

Sonova climbed 1.34% and Alcon gained 1.19%. Roche Holding ended nearly 1% up, while Lonza Group, Novartis, UBS Group and Nestle gained 0.3 to 0.5%.

Partners Group, Logitech and Credit Suisse lost 3.1%, 2.7% and 2.2%, respectively. Geberit, Givaudan, Zurich Insurance Group and Swisscom ended lower by 1.1 to 1.6%.

Swiss building materials firm Holcim Group ended 0.8% down. The company said its Swiss team GO CIRCULAR is ready to set sail in The Ocean Race for its first round-the-world regatta.

In the Mid Price Index, Zur Rose rallied more than 6%, Straumann Holding gained 3.78% and VAT Group climbed 1.3%.

Clariant ended 2.28% down. AMS, Swiss Prime Site, Tecan Group, Galenica Sante and Georg Fischer also ended notably lower.

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U.S. Consumer Sentiment Reaches Five-Month High In July

U.S. Consumer Sentiment Reaches Five-Month High In July

After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5.

RTTNews | Před 1 h 13 min

U.S. Housing Starts Rebound More Than Expected In June

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New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May.

RTTNews | Před 2 h 12 min

Bay Street Likely To Open Higher On Firm Commodities, Trade Deal Hopes

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Higher U.S. and Canadian futures, firm commodity prices, and fairly encouraging U.S. economic data point to a positive start for the Canadian market Friday morning.

RTTNews | Před 3 h 2 min

U.S. Housing Starts Surge 4.6% In June, More Than Expected

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New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday.

RTTNews | Před 3 h 17 min

FTSE 100 Up Marginally

FTSE 100 Up Marginally

The U.K. stock market is up marginally Friday afternoon with investors mostly making cautious moves, reacting to corporate news. Mining and energy stocks are gaining some ground in positive territory, while bank stocks are a bit weak.

RTTNews | Před 3 h 25 min

Euro Rises As European Shares Advance

Euro Rises As European Shares Advance

The European currencies strengthened against other major currencies in the European session on Friday after European stock markets traded higher, as robust U.S. economic data and encouraging tech earnings helped ease tariff-related concerns for now.

RTTNews | Před 4 h 0 min

CAC Pares Early Gains, Up Slightly In Cautious Trade

CAC Pares Early Gains, Up Slightly In Cautious Trade

After a positive start, French stocks pared most of their gains on Friday with investors focusing on corporate earnings updates and regional economic data, in addition to tracking the developments on the trade front.

RTTNews | Před 4 h 2 min

Euro Rises Against Majors

Euro Rises Against Majors

The European currencies strengthened against other major currencies in the European session on Friday.

RTTNews | Před 4 h 27 min

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