Swiss Market Ends Marginally Down After Choppy Session
(RTTNews) - The Switzerland stock market ended marginally down on Monday after a choppy session, with investors largely making cautious moves amid geopolitical crisis in the Middle East, and lingering concerns about the outlook for interest rates.
The benchmark SMI ended with a loss of 15.35 points or 0.14% at 10,822.24, after scaling a low of 10,764.46 and a high of 10,880.27 intraday.
Richemont dropped 2.88%. ABB and Sika declined 2.11% and 2.06%, respectively. Holcim ended 1.51% down, and Partners Group closed lower by 1.41%.
Alcon and Logitech both shed about 1.2%. Geberit and UBS Group also ended notably lower.
Roche Holding and Nestle both gained 1.1%. Swisscom, Swiss Re and Zurich Insurance Group posted moderate gains.
In the Mid Price Index, AMS drifted down 5.69% and Meyer Burger Tech lost 4.4%. VAT Group, Clariant and Dufry lost 2.8 to 3.1%.
Temenos Group, Belimo Holding, Tecan Group, Georg Fischer, Flughafen Zurich, Schindler, Lindt & Spruengli and Ems Chemie Holding lost 1.1 to 2.1%.
Galenica Sante, Sandoz, PSP Swiss Property and Swiss Prime Site ended notably higher.
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
Australian Market Swings To Modest Gains In Mid-market
Asian Markets Mixed Amid Caution Trades
Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
Thai Stock Market Tipped To Open In The Green
Japanese Market Notably Lower
