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Swiss Market Ends On Upbeat Note

RTTNews | vor 768 Tagen

Swiss Market Ends On Upbeat Note

(RTTNews) - The Switzerland stock market ended on an upbeat note on Thursday, thanks to positive global cues.

The benchmark SMI ended with a strong gain of 189.66 points or 1.7% at 11,373.21, after climbing to a high of 11,399.49.

Sika surged 4.3% and Holcim climbed 3.5%. Richemont, Geberit, Nestle, Sonova, Lonza Group and Givaudan gained 2 to 3%.

Logitech, ABB, Alcon, Partners Group, UBS Group, Kuehne & Nagel, Novartis and Swiss Life Holding ended higher by 1 to 2%.

In the Mid Price Index, Bachem Holding rallied more than 6%. AMS climbed 4.6%, while Tecan Group, Straumann Holding, Ems Chemie Holding, Dufry and VAT Group advanced 3.3 to 3.8%.

Belimo Holding, Temenos Group and Adecco gained 2.8 to 3.1%. Clariant, DocMorris, Julius Baer and SIG Combibloc also ended notably higher.

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Swiss Shares Extend Losing Streak

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The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | vor 3Std 19 Minuten

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

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RTTNews | vor 3Std 32 Minuten

U.S. Construction Spending Unexpectedly Edges Lower In July

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RTTNews | vor 5Std 44 Minuten

U.S. Manufacturing Index Inches Up In Line With Estimates In August

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The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | vor 5Std 47 Minuten

FTSE 100 Slips As Yields Spike, Sterling Plunges

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The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

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CAC 40 Slips Amidst Fiscal Concerns

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RTTNews | vor 7Std 42 Minuten

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