Swiss Market Ends Lower Again
(RTTNews) - SMThe Switzerland stock market ended weak on Thursday, losing ground for the fourth consecutive day, as worries about outlook for global economic growth.
Investors also continued to closely follow the developments on the U.S. debt ceiling deal talks front.
The benchmark SMI ended with a loss of 57.88 points or 0.51% at 11,325.26, after moving between 11,307.58 and 11,374.02.
Novartis declined 2.25%. Swisscom ended 1.37% down, and UBS Group ended lower by 1.04%. Credit Suisse and Nestle lost 0.88% and 0.82%, respectively.
Partners Group, Richemont and ABB gained 1.87%, 1.77% and 1.22%, respectively. Logitech gained about 1.1%.
In the Mid Price Index, DocMorris ended more than 5% down. Bachem Holding, Galenica Sante and Clariant ended lower by 2.2 to 2.3%. Tecan Group, SIG Combibloc and Barry Callebaut also ended notably lower.
VAT Group soared nearly 11%. Temenos Group rallied 2.84% and Swatch Group surged 2.15%, while Straumann Holding gained nearly 2%.
Swiss Market Ends Marginally Up
European Stocks Close Weak
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
U.S. Pending Home Sales Fall More Than Expected In July
Eurozone Economic Confidence Weakens In August
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
U.S. Economy Surges More Than Previously Estimated In Q2
