Swiss Market Ends On Firm Note

RTTNews | 663天前
Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland stock market shrugged off a mild mid morning setback ended on a firm note on Tuesday with several frontline counters attracting strong buying interest.

The benchmark SMI, which eased to 11,159.15 around mid morning, ended the session with a gain of 53.73 points or 0.48% at 11,231.41.

Logitech soared 12.3%. The company sid sales in the three months to June fell 16% to $974 million, higher than market forecasts for $926 million. Non GAAP operating profit of $109 million also beat expectations.

The company said it now expects first-half sales of $1.875 billion to $1.975 billion, up from the previous projection of $1.8 billion to $1.9 billion.

Kuehne & Nagel surged 3.75%. Lonza Group, Geberit and Sika gained 1.9 to 2.2%. Givaudan, Sonova, Holcim, Swiss Life Holding and UBS Group ended higher by 0.8 to 1.2%.

Swisscom ended 0.36% down. Roche Holding and Novartis ended slightly down.

In the Swiss Midcap Index, Adecco climbed about 3.5%. VAT Group and Meyer Burger Tech gained 2.8% and 2.4%, respectively.

Swatch Group, Clariant, Tecan Group, SGS, Bachem Holding, AMS, Julius Baer and Schindler Holding advanced 1 to 2%.

SIG Combibloc drifted down 3.47%. Dufry, Galenica Sante, Barry Callebaut and Flughafen Zurich posted modest losses.

read more
Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | 1小時10分鐘前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.
RTTNews | 1小時26分鐘前
Sensex, Nifty Seen Lower On US Debt Concerns

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
RTTNews | 1小時57分鐘前
Thai Bourse May Reclaim 1,200-Point Plateau

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,195-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 2小時38分鐘前
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.
RTTNews | 3小時2分鐘前
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.
RTTNews | 3小時8分鐘前
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.
RTTNews | 3小時23分鐘前