Swiss Market Ends Higher For 3rd Day

RTTNews | hace 1069
Swiss Market Ends Higher For 3rd Day

(RTTNews) - The Switzerland stock market closed on a firm note on Friday, extending gains to a third straight session, amid easing concerns about growth after data showed a stronger-than-expected increase in U.S. jobs growth in the month of June.

The market remained a bit choppy till around mid afternoon, but kept moving higher as the day progressed to eventually close on a firm note.

The benchmark SMI, which dropped to 10,882.86, rallied to 11,030.00 before settling for the day at 11,015.03, gaining 74.05 points or 0.68%.

The SMI, which gained about 1.3% on Wednesday, posted a gain of 0.93% on Thursday.

Holcim shares gained about 3.6% after the company said it has acquired General Beton Romania S.R.L, a key national player in ready-mix concrete.

Logitech ralled 3.73%. Richemont gained 3.2%, while Lonza Group, UBS Group and Credit Suisse advanced 2.2 to 2.3%.

Swiss Life Holding and Zurich Insurance Group both climbed about 1.65%. Partners Group and ABB ended higher by 1.12% and 1.07%, respectively. Swisscom, Novartis, Alcom and Sika also closed notably higher.

Givaudan drifted down 1.37%. Roche Holding and Geberit ended lower by 0.88% and 0.75%, respectively.

Among the stocks in the Swiss Mid Price Index, Cembera Money Bank climbed 4.1%. AMS rallied 3.3%, while Julius Baer, Dufry, Georg Fischer and Swatch Group gained 2 to 2.6%.

Zur Rose, Bachem Holding and PSP Swiss Property ended lower by 3.4%, 2.5% and 1.28%, respectively.

read more
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | hace 49 minutos
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | hace 1h 58min
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | hace 3h 5min
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | hace 3h 14min
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | hace 3h 15min
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Inc. shares were gaining around 2.4 percent in the pre-market activity on the Nasdaq following a 6 percent jump on Tuesday's regular trading, after the founder and CEO Elon Musk confirmed that the much awaited robotaxi service is tentatively set to launch in Austin, Texas, on June 22. In a post on his social media platform X, Musk said, "Tentatively, June 22. We are being super paranoid...
RTTNews | hace 3h 18min