Swiss Market Ends On Bright Note

RTTNews | il y a 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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Additional Support Predicted For Indonesia Shares

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Australian Market Slightly Lower

Australian Market Slightly Lower

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Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
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Higher Open Called For China Stock Market

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The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
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