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Swiss Market Slips After Positive Start, Ends Moderately Down
(RTTNews) - The Switzerland stock market faltered after a positive start on Thursday, and despite emerging in positive territory subsequently, fell again around late afternoon and finally ended the day's session moderately lower.
The benchmark SMI ended with a loss of 58.53 points or 0.53% at 10,979.77, the day's low.
Nestle declined 1.65%. Geberit ended lower by about 1.1%. Richemont, Novartis, Roche Holding, Swisscom and UBS Group lost 0.4 to 0.8%.
Logitech rallied more than 2%. Kuehne & Nagel climbed 1.11%. Givaudan advanced despite reporting a decline in sales for the third quarter. Holcim and Sonova posted modest gains.
Among the stocks in the Mid Price Index, Helvetia lost nearly 6%. SIG Combibloc ended down 3.4%, while Dufry and Meyer Burger Tech declined 2.6% and 2.5%, respectively.
Clariant, Lindt & Spruengli, AMS, Barry Callebaut and Swtch Group lost 1 to 1.6%.
VAT Group ended stronger by 3.7%, and Sandoz climbed 3.1%. Adecco and Flughafen Zurich both gained about 0.75%.
TSX Settles Lower As Trade Tensions Resurface
Crude Oil Prices Slip On Friday
Pound Drops As Trade Tensions Renew
Weighed Down By Tariff Uncertainty, Gold Slides
Swiss Market Ends Modestly Higher
Major European Markets Close Slightly Higher
Canadian Market Modestly Lower, Looks Headed For Another Weak Close
