Swiss Stocks Close On Firm Note

RTTNews | 2 일 전
Swiss Stocks Close On Firm Note

(RTTNews) - Swiss stocks turned in a fine performance on Monday, tracking gains in other markets across Europe, after U.S. President Donald Trump decided to delay the implementation of the 50% tariffs on European Union goods until July 9th. The tariff was earlier proposed to be levied from June 1st.

Trump's move to pause the levy came after a call from European Union Commission President Ursula von der Leyen.

"The EU and US share the world's most consequential and close trade relationship. Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9," Von der Leyen wrote on X.

The Swiss benchmark SMI settled with a gain of 118.38 points or 0.97% at 12,317.07. The index touched a low of 12,278.85 and a high of 12,340.34 intraday.

VAT Group climbed 3.21%. Adecco, Logitech International, Sika and Alcon gained 2.1 to 2.5%.

Partners Group, SIG Group, Straumann Holding, Lindt & Spruengli, Holcim, Lonza Group, Zurich Insurance, Julius Baer, Swiss Life Holding and ABB closed higher by 1.2 to 2%.

Roche Holding gained about 1%, after the company said it is preparing to launch a phase 3 clinical trialfor its experimental antibiotic zosurabalpin. The drug has shown potential against superbug acinetobacter that is resistant to current treatments.

Schindler Ps, Swiss Re Sandoz Group and Novartis also ended with solid gains.

read more
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is trading sharply higher on Thursday, extending the gains in the previous four sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 49 분 전
Thai Shares May Take Further Damage On Thursday

Thai Shares May Take Further Damage On Thursday

The Thai stock market has tracked lower in two straight sessions, slipping almost 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just above the 1,160-point plateau and it's expected to open to the downside again on Thursday.
RTTNews | 52 분 전
Lower Open Anticipated For Hong Kong Stock Market

Lower Open Anticipated For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,260-point plateau and it's tipped to open under pressure again on Thursday.
RTTNews | 1 시간 7 분 전
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 1 시간 18 분 전
China Shares May Open Under Pressure On Thursday

China Shares May Open Under Pressure On Thursday

The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
RTTNews | 1 시간 22 분 전
Renewed Selling Pressure Expected For Taiwan Shares

Renewed Selling Pressure Expected For Taiwan Shares

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
RTTNews | 1 시간 52 분 전
Singapore Bourse May Run Out Of Steam On Thursday

Singapore Bourse May Run Out Of Steam On Thursday

The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
RTTNews | 2 시간 22 분 전
Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.
RTTNews | 2 시간 52 분 전