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Swiss Market Give Up Early Gains, Settles Flat

RTTNews | il y a 656

Swiss Market Give Up Early Gains, Settles Flat

(RTTNews) - The Switzerland stock market started off on a firm note on Thursday, and despite staying firm till more than an hour past noon, gradually pared gains and eventually ended the day's session just marginally up.

Upbeat earnings update from U.S. chipmaker Nvidia and easing concerns about interest rates contributed to market's strong start. The mood turned cautious later on in the session with investors looking ahead to the Jackson Hole Symposium in Wyoming on Friday.

The benchmark SMI, which climbed to 11,054.89 in early trades, ended the day with a small gain of 3.19 points or 0.03% at 10,976.83.

Sika drifted down 2.15%. Logitech shed 1.37%, while Roche Holding ended nearly 1% down.

Kuehne & Nagel, Holcim, Novartis and Lonza Group lost 0.5 to 0.75%.

UBS Group shares surged nearly 3%. Credit Suisse, now part of UBS Group, said it has dropped its plan for initial public offering of real-estate fund citing low trading volumes for listed Swiss real-estate funds.

Givaudan climbed 1.43%. Nestle advanced nearly 1%. Sonova, Richemont, Swiss Life Holding and Swiss Re posted modest gains.

In the Mid Price Index, AMS ended 2.1% down, and VAT Group lost nearly 2%. Dufry and Temenos Group ended lower by 1.47% and 1.31%, respectively.

Adecco, Georg Fischer, SGS, Schindler Holding and Schindler Ps lost 0.67 to 1%.

DocMorris surged 3.1%. Baloise Holding, Lindt & Spruengli, Clariant, PSP Swiss Property and Helvetia gained 0.9 to 1.6%.

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TSX Up Marginally; Energy Stocks Rise

TSX Up Marginally; Energy Stocks Rise

After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors. Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.

RTTNews | il y a 42 minutes

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.

RTTNews | il y a 1h 19min

Eurozone Investor Confidence Strongest In A Year: Sentix

Eurozone Investor Confidence Strongest In A Year: Sentix

Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. This was the highest reading since June 2024 and remained well above economists' forecast of -6.0.

RTTNews | il y a 4h 13min

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Tuesday morning with investors looking for directional clues as they await the outcome of the U.S.-China trade negotiations.

RTTNews | il y a 5h 6min

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.

RTTNews | il y a 5h 39min

CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.

RTTNews | il y a 6h 24min

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London. The negotiations, which commenced on Monday, have not yielded any positive news so far.

RTTNews | il y a 6h 46min

Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.

RTTNews | il y a 7h 7min

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