Swiss Market Ends On Strong Note

RTTNews | 439 일 전
Swiss Market Ends On Strong Note

(RTTNews) - The Switzerland market ended on a strong note on Wednesday as stocks kept edging higher and higher after opening marginally up. Data showing a smaller than expected increase in U.S. consumer prices in the month of April helped ease concerns about interest rates, and rendered the mood positive.

The benchmark SMI ended with a gain of 115.19 points or 0.98% at 11,899.26, slightly off the day's high of 11,906.80.

Lonza Group climbed nearly 5%. VAT Group shares gained about 4.8% and Sonova rallied 4.1%.

Straumann Holding, Partners Group, Geberit and Sika gained 1.8 to 2.25%. Roche Holdings ended nearly 1.5% up, and ABB advanced 1.35%. Holcim, UBS Group, Givaudan, Julius Baer and Sandoz Group gained 1 to 1.3%.

Alcon, Nestle, Schindler Ps, Kuehne & Nagel and Swiss Life Holding also closed on firm note.

Swatch Group, SIG Group, Lindt & Spruengli and Novartis ended weak.

read more
U.S. Dollar Extends Gain Against Majors

U.S. Dollar Extends Gain Against Majors

The U.S. dollar extended gains against its major counterparts in the New York session on Monday, as investors cheered the US-EU trade deal.
RTTNews | 32 분 전
Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

The Switzerland market closed weak on Monday as a few stocks tumbled on selling pressure in the final hour of the day's session. The market got off to a firm start, in line with markets across Europe, as news about the U.S. and European Union agreed on a trade deal over the weekend. However, the mood turned cautious as the day progressed, and the market eventually closed on a weak note.
RTTNews | 4 시간 11 분 전
European Markets Fail To Hold Gains, Settle Weak

European Markets Fail To Hold Gains, Settle Weak

Despite opening on a bright note, European stocks retreated and settled mostly lower on Monday, as initial buoyancy over an EU-US trade deal faded and investors looked ahead to earnings updates, some crucial economic data and policy announcements from the Federal Reserve and the Bank of Japan this week.
RTTNews | 4 시간 37 분 전
Canadian Market Modestly Lower; Materials Stocks Decline

Canadian Market Modestly Lower; Materials Stocks Decline

Despite the U.S.-European Union agreeing on a trade deal over the weekend, the mood in the market remains cautious. The market slipped after opening flat Monday morning, and despite staging a recovery subsequently, remains in negative territory, weighed down by losses in materials sector due to weak metal prices.
RTTNews | 5 시간 50 분 전
Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain

Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain

EV major Tesla Inc. and South Korean chip maker Samsung Electronics Co. Ltd. have entered into a contract worth around 22.76 trillion Korean Won or $16.54 billion for semiconductor contract manufacturing. Tesla founder and CEO Elon Musk in a post on the social media platform confirmed that Samsung will be making Tesla's next-generation AI6 chip.
RTTNews | 8 시간 0 분 전
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares may open on a positive note Monday morning following the U.S. and European Union agreeing on a trade deal.
RTTNews | 9 시간 17 분 전
FTSE 100 Retreats After Positive Start, Down Marginally

FTSE 100 Retreats After Positive Start, Down Marginally

The U.K. market is down slightly a little past noon on Monday, having shed early gains, as investors await a slew of corporate earnings announcements due this week. Reports about the EU and U.S. arriving at a trade deal lifted sentiment in European markets this morning, but most of the major markets are off early highs with the focus shifting to earnings and economic data.
RTTNews | 10 시간 16 분 전