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Swiss Market Ends On Weak Note
(RTTNews) - The Switzerland market closed notably lower on Tuesday, in line with most of the major markets across Europe, as the mood remained cautious ahead of monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.
The benchmark SMI closed down by 125.66 points or 1.03% at 12,018.66, slightly off the session's low of 12,007.92.
Adecco ended nearly 5% down. Schindler Ps, Swiss Re, Amrize, Lindt & Spruengli and Julius Baer lost 2.7 to 3.4%.
Zurich Insurance, Partners Group, UBS Group, ABB, SGS, Swiss Life Holding, Alcon, Givaudan, Holcim, SIG Group and Geberit lost 1 to 2.25%.
VAT Group climbed 1.81%. Sonova, Logitech International, Straumann Holding and Sandoz Group gained 0.4 to 0.9%.
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China Leaves Key Interest Rates Unchanged
The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
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il y a 15 minutes
Sensex, Nifty Little Changed; IT Stocks Tumble After H-1B Visa Fee Increase
Indian shares were little changed on Monday despite U.S. President Donald Trump's decision to impose a hefty $100000 fee on H-1B visas to protect American jobs.
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il y a 1h 4min
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
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il y a 2h 12min
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
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il y a 2h 32min
Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown
Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.
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il y a 3h 8min
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
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il y a 3h 25min
Thai Stock Market Due For Support On Monday
The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
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il y a 3h 45min
Indonesia Bourse May Set Fresh Record High
The Indonesia stock market bounced higher again on Friday, one day after halting the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,050-point plateau and it may see additional support on Monday.
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il y a 4h 15min
