Swiss Market Ends Moderately Lower

RTTNews | 315 일 전
Swiss Market Ends Moderately Lower

(RTTNews) - The Switzerland market ended weak on Monday after moving in a tight band right through the day's session as weak global markets and concerns about rising geopolitical tensions rendered the mood bearish.

Investors awaited Swiss and Eurozone inflation data.

The benchmark SMI, which moved in a range of just 55 points, ended with a loss of 65.18 points or 0.53% at 12,168.87, the session's low.

Adecco ended nearly 2% down, and Geberit lost about 1.7%. Julius Baer and Schindler Ps closed down 1.47% and 1.35%, respectively.

SGS, Lindt & Spruengli, Novartis, ABB, Swiss Life Holding, Holcim, UBS Group, Lonza Group, Swiss Re, Richemont and Zurich Insurance Group lost 0.5 to 1%.

SIG Group advanced nearly 2%. Givaudan, Logitech International and Swatch Group gained 0.6 to 0.7%. Sonova ended with a modest gain.

In economic news, a measure signaling future turning points in the Swiss economy strengthened in September, reflecting a recovery tendency on path in the economy, the results of a survey by the KOF Swiss Economic Institute showed.

The economic barometer climbed 101.5 in September from an upwardly revised 105.0 in August. Economists had forecast a score of 101.0.

In September, almost all indicator bundles for the economic sectors point to a more favorable outlook than before, the KOF said.

The rise in September was primarily due to the indicators for the manufacturing industry and, to a lesser extent, those for the financial and insurance services, the construction industry, and other services.

read more
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.
RTTNews | 1 시간 22 분 전
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.
RTTNews | 2 시간 58 분 전
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.
RTTNews | 3 시간 36 분 전
Sensex, Nifty Set For Muted Open On Mixed Global Cues

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.
RTTNews | 4 시간 8 분 전
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.
RTTNews | 5 시간 2 분 전
Indonesia Stock Market May Be Stuck In Neutral On Tuesday

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.
RTTNews | 5 시간 10 분 전