Swiss Market Ends Marginally Up On Late Buying

RTTNews | 678天前
Swiss Market Ends Marginally Up On Late Buying

(RTTNews) - After languishing in negative territory, the Swiss market briefly moved into positive zone around mid afternoon on Wednesday, but faltered soon before rallying in the final hour to end the day's session with a marginal gain.

The benchmark SMI ended with a gain of 24.12 points or 0.23% at 10,400.93. The index touched a low of 10,289.70 and a high of 10,410.81 in the session.

Logitech International, which ended with a hefty gain on Tuesday, surged nearly 2.5% today. Zurich Insurance Group climbed 1.52%.

UBS Group, Holcim, Swiss Re, Givaudan, Swiss Life Holding, Novartis, ABB and Nestle gained 0.5 to 1.2%.

Lonza Group and Kuehne & Nagel lost 4.81% and 4.6%, respectively. Sika ended down 1.72%, and Alcon drifted down 1.22%.

Among the stocks in the Mid Price Index, Temenos Group climbed 4.16%. SIG Combibloc gained 2.2%, while Sandoz and Lindt & Spruengli both advanced nearly 2%. Helvetia gained 1.1%.

Tecan Group shed 3.63% and AMS ended lower by 3.54%. Straumann Holding, Dufry, Julius Baer, Georg Fischer and Meyer Burger Tech also declined sharply.

According to a report from UBS & CFA Society, the Swiss investors' sentiment index dropped by 10.2 points from the previous month to -37.8 in October 2023, marking the 20th consecutive negative reading. In the meantime, the current conditions index rose to 15.7 from 10.4 in September.

read more
Malaysia Shares May See Renewed Consolidation On Wednesday

Malaysia Shares May See Renewed Consolidation On Wednesday

The Malaysia stock market on Tuesday snapped the two-day slide in which it had fallen more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau although it may head south again on Wednesday.
RTTNews | 19分鐘前
Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | 40分鐘前
South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
RTTNews | 57分鐘前
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | 1小時57分鐘前
Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
RTTNews | 7小時9分鐘前
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | 7小時14分鐘前
European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 7小時21分鐘前