Swiss Market Ends Modestly Higher

RTTNews | vor 814 Tagen
Swiss Market Ends Modestly Higher

(RTTNews) - The Switzerland stock market ended modestly higher on Tuesday, shrugging off a setback it suffered around mid afternoon.

Firm European markets amid a slew of encouraging economic data, including a report on U.S. consumer price inflation, helped underpin sentiment.

The benchmark SMI ended with a gain of 26.02 points or 0.23% at 11,327.27. The index, which climbed to 11,348.15 in early trades, touched a low of 11,275.51 around mid afternoon.

Kuehne & Nagel rallied nearly 5%. Partners Group surged more than 2.5%, Richemont climbed 2% and Sika gained 1.78%. ABB advanced 1.35%.

Logitech, Holcim, Alcon, Lonza Group and Givaudan ended higher by 0.55 to 1%.

Novartis ended nearly 1% down. Nestle shed about 0.5%, while Zurich Insurance Group, Sonova and Swiss Life Holding declined marginally.

In the Mid Price Index, DocMorris soared nearly 25%. VAT Group ended stronger by 3.77%. Lindt & Spruengli and Georg Fischer gained 2.1% and 2%, respectively.

SGS, Flughafen Zurich, Helvetia, Straumann Holding, AMS, Clariant and Adecco also ended higher.

Tecan Group, Meyer Burger Tech and Bachem Holding ended lower by 2.4 to 3%. Swiss Prime Site, Temenos Group and SIG Combibloc also ended notably lower.

read more
Canadian Market Looks Headed For Another Positive Close

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.
RTTNews | vor 42 Minuten
Swiss Market Closes On Buoyant Note

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.
RTTNews | vor 1Std 17 Minuten
European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.
RTTNews | vor 1Std 53 Minuten
U.S. Services Index Climbs To Six-Month High In August

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
RTTNews | vor 4Std 20 Minuten
U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
RTTNews | vor 4Std 38 Minuten
U.S. Trade Deficit Widens More Than Expected As Imports Spike

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.
RTTNews | vor 5Std 7 Minuten
U.S. Jobless Claims Rise More Than Expected To Two-Month High

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.
RTTNews | vor 5Std 11 Minuten
U.S. Private Sector Job Growth Slows More Than Expected In August

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.
RTTNews | vor 5Std 29 Minuten