Swiss Market Ends Lower Again
(RTTNews) - Despite spending much of the day's session in positive territory, the Switzerland market ended marginally down on Tuesday as a few frontline stocks drifted lower on selling pressure in the closing minutes.
The benchmark SMI, which climbed to 11,124.14 in early trades, ended the session with a loss of 19.61 points or 0.18% at 11,073.48.
On Monday, the SMI settled at 11,093.09, down 13.15 points or 0.12%, snapping a five-day winning streak.
Sika ended lower by about 3%. ABB ended 1.3% down, while Geberit and Nestle lost 0.8% and 0.71%, respectively. Givaudan, Holcim and Richemont also ended weak.
Sonova climbed about 1.3%. Swiss Re gained nearly 1%, while Zurich InsuranceGroup, Credit Suisse, Logitech and Swiss Life Holding ended higher by 0.7 to 0.9%.
In the Mid Price Index, Zur Rose, Clariant and AMS ended lower by about 3.25%, 3% and 2.7%, respectively.
Adecco, Barry Callebaut, Julius Baer, Dufry and Belimo Holding also closed weak.
Helvetia climbed nearly 1.5%. Baloise Holding, PSP Swiss Property, Bachem Holding and Galenica Sante gained 0.6 to 1%.
U.S. Dollar Falls Against Most Majors
German Inflation Accelerates To 2.2% In August
Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings
Swiss Market Ends Modestly Lower
European Stocks Close Lower On Geopolitical Tensions
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
Chicago Business Barometer Slumps Much More Than Expected In August
