Swiss Market Ends Moderately Lower

RTTNews | 690日前
Swiss Market Ends Moderately Lower

(RTTNews) - The Switzerland stock market ended moderately lower on Monday after staying weak right through the day's session, amid lingering concerns about inflation, rising interest rates and their impact on economic growth.

The benchmark SMI ended with a loss of 79.32 points or 0.71% at 11,141.90, slightly off the session's low. The index touched a high of 11,205.20.

Novartis ended nearly 2% down. Lonza Group closed lower by 1.51% and Roche Holding drifted down 1.27%.

UBS Group lost nearly 1%. Nestle and Swiss Re ended lower by 0.72% and 0.52%, respectively. Alcon ended 0.42% down.

Sika climbed 1.16% and Richemont gained 0.75%.

In the Mid Price Index, Bachem Holding shed 5.5%. SGS, Tecan Group, SIG Combibloc, DocMorris and Barry Callebaut lost 1 to 1.6%. Adecco ended nearly 1% down.

VAT Group gained nearly 1%. Julius Baer, Flughafen Zurich and Straumann Holding advanced 0.4 to 0.5%.

read more
U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews | 15時7分前
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 16時56分前
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 17時19分前
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 18時7分前
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | 20時13分前
U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | 20時16分前
Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews | 21時6分前