Swiss Market Ends Weak For 3rd Straight Day

RTTNews | 904 days ago
Swiss Market Ends Weak For 3rd Straight Day

(RTTNews) - The Switzerland stock market ended weak on Wednesday, extending recent losses, as concerns about interest rates and slowing growth rendered the mood a bit bearish again.

The benchmark SMI ended with a loss of 38.82 points or 0.35% at 11,025.26, after moving between 10,995.92 and 11,044.82.

Lonza Group ended 1.74% down, Givaudan drifted down 1.43%, and UBS Group dropped 1.08%.

Richemont, Alcon, Geberit, Credit Suisse, Roche Holding and Novartis lost 0.6 to 1%.

Logitech climbed nearly 2%. Swiss Life Holding, Zurich Insurance Group, Swisscom and Swiss Re gained 0.6 to 1%.

In the Mid Price Index, Adecco and Zur Rose both shed about 2.3%. Kuehne & Nagel, Straumann Holding, Dufry and SGS ended lower by 1 to 1.2%.

SIG Combibloc surged 2.22%. AMS gained 1.73%, Clariant, Helvetia and VAT Group gained 1.2 to 1.5%, while Tecan Group ended 1.1% up.

read more
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 15 minutes ago
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 44 minutes ago
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 1h 50min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 2h 7min ago
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 2h 20min ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 2h 29min ago
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 2h 35min ago