No Relief Yet For Swiss Stock Market

RTTNews | 48 days ago
Stocktwits
No Relief Yet For Swiss Stock Market

(RTTNews) - The Swiss stock market was down again on Friday, albeit barely, despite spending most of the trading day in positive territory before a late swoon extended its losing streak.

The SMI has now fallen lower in six straight sessions, slumping more than 450 points or 3.8 percent in that span.

The early support came on bargain hunting and following reports that U.S. President Donald Trump sees a "substantial chance of negotiations" and would decide within two weeks whether to authorize a direct U.S. military strike on Iran.

The SMI eased 0.20 points or 0.00 percent to finish ay 11,871.32 after trading between 11,876.13 and 11,970.72.

Among the actives, SGS plunged 3.64 percent, while Swatch Group stumbled 1.88 percent, Swiss Re jumped 1.52 percent, Nestle retreated 1.16 percent, Swiss Life improved 0.97 percent, Julius Bar Gruppe advanced 0.82 percent, UBS Group collected 0.65 percent, Zurich Insurance added 0.58 percent, Swisscom gained 0.36 percent, Novartis lost 0.34 percent, Roche Holding fell 0.27 percent and Adecco Group perked 0.09 percent.

Stocktwits
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Sensex, Nifty Set To Open Lower On Trade Concerns

Sensex, Nifty Set To Open Lower On Trade Concerns

Indian shares look set to open on a sluggish note Friday as U.S. President has ruled out any possibility of trade negotiations with India and Prime Minister Narendra Modi said India would not compromise on the interests of its farmers, fishermen or livestock rearers, even if it meant paying "a heavy personal price."
RTTNews | 19 minutes ago
Thai Stock Market May Spin Its Wheels On Friday

Thai Stock Market May Spin Its Wheels On Friday

The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
RTTNews | 52 minutes ago
Continued Consolidation Called For Indonesia Stock Market

Continued Consolidation Called For Indonesia Stock Market

The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
RTTNews | 1h 22min ago
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 1h 26min ago
Consolidation Likely For Hong Kong Shares

Consolidation Likely For Hong Kong Shares

The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
RTTNews | 1h 37min ago
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 1h 47min ago
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
RTTNews | 1h 52min ago
Taiwan Stock Market May Hand Back Thursday's Gains

Taiwan Stock Market May Hand Back Thursday's Gains

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
RTTNews | 2h 22min ago
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