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Swiss Market Ends On Bright Note

RTTNews | hace 118

Swiss Market Ends On Bright Note

(RTTNews) - The Switzerland market closed on a strong note on Friday, mirroring the trend in markets across Europe and elsewhere, as worries about trade tensions eased after China stated its willingness to hold talks with the U.S.

The benchmark SMI closed up 136.81 points or 1.13% at 12,253.79, off the day's high of 12,282.55.

ABB, the top gainer in the SMI index, closed 4.63% up. Straumann Holding, Logitech International and Julius Baer gained 3.2 to 3.78%.

Sandoz Group gained about 2.7% following a rating upgrade by RBC Capital Markets. Holcim, Geberit, Partners Group, Lindt & Spruengli, Alcon, Lonza Group, VAT Group, Sika, SIG Group and UBS Group ended higher by 1.6 to 2.7%.

Roche Holding, SGS, Givaudan, Swiss Life Holding, Sonova, Adecco and Kuehne + Nagel also posted impressive gains.

Schindler Ps closed down 1.6%, while Swisscom and Nestle ended marginally down.

In economics, a report from procuer ch & UBS said, the Swiss procure.ch. Manufacturing PMI dropped to 45.8 in April from 48.9 in March. The April reading was a nine-month low.

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U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | hace 37 minutos

German Unemployment Exceeds 3 Mln

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RTTNews | hace 1h 6min

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | hace 1h 19min

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | hace 1h 35min

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | hace 2h 13min

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | hace 2h 20min

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | hace 2h 52min

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | hace 3h 0min

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