Swiss Market Ends Moderately Lower
(RTTNews) - After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.
Trading was lackluster for most part of the day's session as investors stayed a bit wary of making significant moves, choosing to wait for some crucial economic data, including a report on U.S. consumer price inflation.
The benchmark SMI ended down 63.63 points or 0.52% at 12,217.46. The index touched a high of 12,340.16 in early trades.
Givaudan ended down by about 3.5%. Amrize and Lonza Group closed lower by 2.14% and 2.08%, respectively.
SIG Group, Roche Holding, Novartis, Straumann Holding, Swiss Re, Adecco, Swatch Group, Kuehne + Nagel, Sonova and Sika ended lower by 0.7 to 1.6%.
ABB climbed 1.65%. Logitech International gained 0.84%, while Julius Baer, Holcim, Partners Group and Richemont advanced 0.3 to 0.6%.
Win Streak May End For Hong Kong Stock Market
China Stock Market May Spin Its Wheels On Thursday
Australian Market Modestly Lower
Taiwan Stock Market May Run Out Of Steam On Thursday
Japan Producer Prices Slip 0.2% In August
Renewed Consolidation Tipped For Singapore Shares
Rally May Stall For Malaysia Stock Market
