Swiss Market Ends On Weak Note
(RTTNews) - The Switzerland stock market ended on a negative note on Thursday after staying weak right through the day's session amid persisting worries about inflation and slowing global growth.
The benchmark SMI ended with a loss of 75.03 points or 0.71% at 10,453.31. The index touched a low of 10,404.77 and a high of 10,521.71.
Credit Suisse shed about 5.5%. Swiss Life Holding drifted down 3.6%, Holcim lost 2.7% and UBS Group shed 2.5%. Zurich Insurance Group, Swisscom, ABB and Swiss Re lost 1.4 to 2.1%.
Partners Group, Alcon, Givaudan and Clariant gained 0.45 to 1%.
In the Mid Price Index, Clariant drifted down 5.3%. Schindler Holding, Schindler Ps, Adecco, Julius Baer and Georg Fischer lost 2 to 3%. Baloise Holding, Helvetia, Flughafen Zurich and Tecan Group ended lower by 1 to 1.4%.
SIG Combibloc, Galenica Sante and Sonova gained 2.8 to 2.9%. Dufry ended 2.2% up, Temenos Group climbed 1.8%, while Lindt & Spruengli Part and Straumann Holding ended higher by 1.4% and 1%, respectively.
U.S. Construction Spending Unexpectedly Rises 0.2% In August
New York Manufacturing Index Unexpectedly Jumps To One-Year High In November
EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges
Bay Street Likely To See Mixed Start
FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply
CAC 40 Modestly Lower
Walmart's Black Friday Deals To Be Available On Nov. 25 To Nov. 30
