Swiss Market Ends Marginally Lower
(RTTNews) - The Switzerland stock market ended slightly down on Wednesday, failing to hold early gains.
The market started off on a weak note, but swiftly moved higher thanks to some brisk buying at several frontline counters. However, stocks pared gains subsequently and the market moved in a tight range around the flat line till the end of the session.
The benchmark SMI ended up 7.09 points or 0.06% at 10,992.31. The index, which dropped to 10,971.14 at the start, climbed to 11,028.54.
Nestle gained about 1.2% and UBS Group advanced 1.1%. Alcon ended nearly 1% up, while Sonova, Givaudan and Kuehne & Nagel posted modest gains.
Lonza Group ended 1.66% down. Geberit, Logitech, Roche Holding, Partners Group and Swiss Re lost 0.5 to 0.65%.
In the Mid Price Index, Helvetia gained nearly 1%. Dufry advanced 0.6%, while PSP Swiss Property, Adecco, VAT Group and Clariant gained 0.3 to 0.5%.
Tecan Group ended lower by 5.3%. DocMorris drifted down 2.2%, while Swatch Group, Bachem Holding and Temenos Group lost 1.4 to 1.7%.
Straumann Holding declined 1.1%. Ems Chemie Holding, Galenica Sante and SGS ended lower by 0.5 to 0.7%.
Japan Stock Market May Extend Friday's Gains
South Korea Bourse May Challenge 3,200-Point Mark
New Zealand Retail Sales Climb 0.5% In Q2
New Zealand Retail Sales Data Due On Monday
U.S. Dollar Drops After Powell's Speech
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
