Swiss Market Ends On Firm Note On Positive Global Cues

RTTNews | 968 days ago
Stocktwits
Swiss Market Ends On Firm Note On Positive Global Cues

(RTTNews) - The Switzerland stock market ended on a firm note on Friday, tracking gains in markets across Europe, amid hopes that U.S. inflation would start trending lower in the coming months.

The benchmark SMI, which climbed to 10,460.11, ended the session with a gain of 101.44 points or 0.99% at 10,329.34.

Lonza Group gained about 3.1%, Alcon and Swiss Re, both gained nearly 3%, Sonovia advanced 2.35%, Givaudan climbed 2.15% and Sika surged about 2.1%.

Geberit, Zurich Insurance Group, Swiss Life Holding and Roche Holding gained 1.2 to 1.7%.

Credit Suisse drifted down 1.16%. Holcim and ABB posted moderate losses, while UBS Group edged down marginally.

In the Mid Price Index, Belimo Holding, Bachem Holding, Swiss Prime Site, PSP Swiss Property, Kuehne & Nagel, SGS and Tecan Group gained 2 to 4%.

Schindler Ps surged nearly 2%. Helvetia, Galenica Sante, VAT Group, Adecco, Schindler Holding, Baloise Holding and Lindt & Spruengli gained 1.4 to 1.8%.

Temenos Group shares tanked nearly 19% after the banking software group slashed its 2022 guidance.

AMS declined 3.7% and Swatch Group ended lower by about 1.3%.

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Thai Stock Market May Reverse Friday's Losses

Thai Stock Market May Reverse Friday's Losses

The Thai stock market headed south again on Friday, one session after ending the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,135-point plateau although it figures to bounce higher again on Monday.
RTTNews | 39 minutes ago
Rebound Anticipated For Hong Kong Stock Market

Rebound Anticipated For Hong Kong Stock Market

The Hong Kong stock market on Friday ended the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 23,790-point plateau although it's likely to find renewed support on Monday.
RTTNews | 54 minutes ago
Win Streak May Continue For China Stock Market

Win Streak May Continue For China Stock Market

The China stock market has finished higher in four straight sessions, advancing more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just above the 3,385-point plateau and it may add to its winnings again on Monday.
RTTNews | 1h 9min ago
Taiwan Shares Tipped To Open To The Upside On Monday

Taiwan Shares Tipped To Open To The Upside On Monday

The Taiwan stock market on Friday halted the three-day winning streak in which it had jumped almost 680 points or 3.2 percent. The Taiwan Stock Exchange now sits just above the 21,660-point plateau although it's likely to find renewed support on Monday.
RTTNews | 1h 39min ago
Singapore Bourse Poised To Extend Winning Streak

Singapore Bourse Poised To Extend Winning Streak

The Singapore stock market has climbed higher in four straight sessions, collecting almost 40 points or 1 percent along the way. The Straits Times Index now sits just beneath the 3,935-point plateau and it may extend its gains on Monday.
RTTNews | 2h 9min ago
Japan GDP Flat On Quarter In Q1

Japan GDP Flat On Quarter In Q1

Japan's gross domestic product was unchanged on a seasonally adjusted quarterly basis from the previous quarter, the Cabinet Office said on Monday.
RTTNews | 2h 13min ago
Malaysia Shares May Bounce Higher On Monday

Malaysia Shares May Bounce Higher On Monday

The Malaysia stock market on Friday snapped the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau although it's expected to see renewed support on Monday.
RTTNews | 2h 39min ago
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