Swiss Market Ends On Weak Note

RTTNews | 937 दिनों पहले
Swiss Market Ends On Weak Note

(RTTNews) - The Switzerland stock market ended on a weak note on Tuesday after languishing in the red right through the day's session.

The mood was cautious amid concerns about interest rate hikes after some Fed officials said the central bank needs to raise interest rates beyond 5% and hold the rates around that level in order to fight inflation.

The benchmark SMI ended with a loss of 50.42 points or 0.45% at 11,162.15. The index moved in a tight band between 11,108.18 and 11,180.51.

Novartis dropped 2.1%. Sika drifted down 1.72%, Sonova ended 1.42% down, and Swiss Re ended lower by 1.25%.

Logitech, Holcim, ABB, Partners Group and Givaudan lost 0.5 to 1%.

Lonza Group climbed 1.86% and Swiss Life Holding advanced 1.03%. Roche Holding gained about 0.4%.

In the Mid Price Index, Adecco ended 6.1% down. VAT Group lost about 3%, while Zur Rose, Ems Chemie Holding, Schindler Holding, Schindler Ps and Lindt & Spruengli lost 1.7 to 2.2%.

Temenos Group, Lindt & Spruengli N, Kuehne & Nagel, Clariant and PSP Swiss Property ended lower by 1 to 1.6%.

SIG Combibloc gained 1.1%. Straumann Holding, Dufry, Bachem Holding and Flughafen Zurich posted modest gains.

read more
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
RTTNews | 16 मिनटों पहले
European Shares Set To Open On Firm Note

European Shares Set To Open On Firm Note

European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
RTTNews | 21 मिनटों पहले
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 1घंटे 22 मिनट पहले
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.
RTTNews | 2घंटे 27 मिनट पहले
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.
RTTNews | 2घंटे 53 मिनट पहले
Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 3घंटे 25 मिनट पहले
Additional Support Anticipated For Thai Stock Market

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day slide in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,230-point plateau and it's expected to open to the upside again on Tuesday.
RTTNews | 3घंटे 57 मिनट पहले
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 40,400 level, with small gains across most sectors led by exporters, automakers and financial stocks.
RTTNews | 4घंटे 20 मिनट पहले