Swiss Market Ends Weak For 3rd Straight Day
(RTTNews) - The Switzerland stock market ended weak on Wednesday, extending recent losses, as concerns about interest rates and slowing growth rendered the mood a bit bearish again.
The benchmark SMI ended with a loss of 38.82 points or 0.35% at 11,025.26, after moving between 10,995.92 and 11,044.82.
Lonza Group ended 1.74% down, Givaudan drifted down 1.43%, and UBS Group dropped 1.08%.
Richemont, Alcon, Geberit, Credit Suisse, Roche Holding and Novartis lost 0.6 to 1%.
Logitech climbed nearly 2%. Swiss Life Holding, Zurich Insurance Group, Swisscom and Swiss Re gained 0.6 to 1%.
In the Mid Price Index, Adecco and Zur Rose both shed about 2.3%. Kuehne & Nagel, Straumann Holding, Dufry and SGS ended lower by 1 to 1.2%.
SIG Combibloc surged 2.22%. AMS gained 1.73%, Clariant, Helvetia and VAT Group gained 1.2 to 1.5%, while Tecan Group ended 1.1% up.
European Shares Drift Lower Ahead Of US Inflation Reading
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
Asian Shares Mixed Ahead Of US PCE Inflation Data
NZ Dollar Advances Against Majors
Australian Dollar Rises Against Majors
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
