Swiss Market Ends Lower For 4th Straight Session

RTTNews | 1074日前
Swiss Market Ends Lower For 4th Straight Session

(RTTNews) - The Switzerland stock market ended lower on Monday, in line with markets across Europe, amid lingering concerns about growth due to rising interest rates.

The benchmark SMI, which dropped to 10,200.24 around mid morning, ended the session with a loss of 46.05 points or 0.45% at 10,262.52, extending losses to a fourth straight session.

Lonza Group ended 2.65% down. Credit Suisse shed about 2.05%. UBS Group, Richemont, Swiss Re, Alcon and Roche Holding lost 1.1 to 1.45%.

Sonova surged 1.9% and Givaudan gained 1.64%. Geberit advanced nearly 1%, while Holcim and Sika gained 0.58% and 0.49%, respectively.

In the Mid Price Index, Zur Rose drifted down 4.06%. Julius Baer declined nearly 3% and AMS ended lower by about 2.4%. Tecan Group lost 2%, while Temenos Group and Flughafen Zurich both ended lower by about 1.25%.

Kuehne & Nagel rallied nearly 3%. Adecco gained 2.22% and Clariant climbed 1.3%, while Straumann Holding ended nearly 1% up.

read more
Pound Slides As UK Bond Yield Soars

Pound Slides As UK Bond Yield Soars

The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.
RTTNews | 42分前
Sensex, Nifty End Lower On Profit Taking

Sensex, Nifty End Lower On Profit Taking

Indian shares ended lower on Friday, with key benchmark indexes Sensex and Nifty snapping a three-day winning streak that was supported by GST reforms, encouraging progress in India-U.S. trade discussions and the Federal Reserve's first rate cut of the year.
RTTNews | 1時2分前
DAX Pares Early Gains, Down Marginally

DAX Pares Early Gains, Down Marginally

German stocks pared early gains and are down in negative territory a little past noon on Friday with investors looking to take some profits after previous session's sharp upmove.
RTTNews | 1時8分前
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 1時14分前
Antipodean Currencies Fall Amid Fed Cautious Outlook

Antipodean Currencies Fall Amid Fed Cautious Outlook

The antipodean currencies Australia and the New dollar weakened against their major currencies in the Asian session on Friday, as traders continued to digest the U.S. Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | 1時45分前
UK Budget Shortfall Overshoots Estimate

UK Budget Shortfall Overshoots Estimate

UK government borrowing increased more than expected and also exceeded the official estimate in August, adding pressure on Chancellor Rachel Reeves ahead of the November budget. Public sector net borrowing increased GBP 3.5 billion from the last year to GBP 18.0 billion in August, the Office for National Statistics said Friday.
RTTNews | 2時22分前