Swiss Market Ends On Firm Note

RTTNews | 575天前
Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland market, which fell below the flat line around mid afternoon on Wednesday after staying positive till then, recovered swiftly to eventually end the day's session on a firm note.

The benchmark SMI ended with a gain of 47.56 points or 0.43% at 11,196.82. The index moved in a tight band between 11,144.16 and 11,199.49.

Lonza Group gained about 2.1%. Partners Group, UBS Group and Richemont climbed 1.9%, 1.79% and 1.46%, respectively. Swiss Life Holding gained 1.25% and Holcim ended 1.01% up. ABB advanced nearly 1%.

Kuehne & Nagel dropped 1.04%. Nestle, Logitech International and Sonova ended higher by 0.6%.

In the Mid Price Index, Meyer Burger Tech soared 9.32%. VAT Group gained 3.4%. Adecco, ams OSRAM AG and Belimo Holding ended higher by 2.16%, 2.08% and 1.63%, respectively.

Sandoz, Avolta, Georg Fischer, Temenos Group, Schindler Ps, Straumann Holding, Ems Chemie Holding, Helvetia and Flughafen Zurich gained 0.8 to 1.2%.

Barry Callebaut closed lower by 1.64% after sales volumes rose slightly in the three months to the end of November.

Swatch Group ended down 2.6%. BKW and Tecan Group lost 1.1% and 0.74%, respectively.

read more
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 2小時26分鐘前
U.S. Existing Home Sales Unexpectedly Rebound In July

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | 2小時36分鐘前
Philly Fed Index Unexpectedly Returns To Negative Territory In August

Philly Fed Index Unexpectedly Returns To Negative Territory In August

Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.
RTTNews | 3小時0分鐘前
U.S. Jobless Claims Rise More Than Expected To 235,000

U.S. Jobless Claims Rise More Than Expected To 235,000

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday. The report said initial jobless claims climbed to 235,000, an increase of 11,000 from the previous week's unrevised level of 224,000. Economists had expected jobless claims to inch up to 225,000.
RTTNews | 3小時15分鐘前
Euro, Pound Rises After Eurozone, U.K. PMI Reports

Euro, Pound Rises After Eurozone, U.K. PMI Reports

The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
RTTNews | 4小時6分鐘前
Canadian Stocks May Open Slightly Weak

Canadian Stocks May Open Slightly Weak

Canadian shares may open slightly down on Thursday with investors focusing on the upcoming speeches by central bank chiefs, including Fed Chair Jerome Powell, at the Jackson Hole Symposium.
RTTNews | 4小時12分鐘前