Swiss Market Closes Modestly Higher
(RTTNews) - The Switzerland stock market opened on a slightly weak note on Monday, but recovered swiftly and stayed firm thereafter to eventually close modestly higher.
The benchmark SMI ended with a gain of 41.01 points or 0.35% at 11,595.25, after touching a high of 11,606.88.
Alcon climbed 1.87% and Richemont gained about 1.8%. Swiss Life Holding advanced 1.53% and Swiss Re moved up by about 1.2%.
Zurich Insurance Group, ABB, Novartis and UBS Group posted modest gains.
Partners Group, Swisscom, Givaudan and Credit Suisse ended lower by 0.4 to 0.6%.
In the Mid Price Index, AMS surged nearly 7%. Dufry climbed 2.78%, while Swatch Group, Kuehne & Nagel, Barry Callebaut and SIG Combibloc gained 1 to 1.25%.
Tecan Group drifted down 2.29% and Zur Rose ended nearly 2% down. Belimo Holding and Bachem Holding ended lower by 1.27% and 1.14%, respectively.
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Swiss Market Ends Modestly Lower
European Stocks Close Lower On Geopolitical Tensions
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
Chicago Business Barometer Slumps Much More Than Expected In August
