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Swiss Market Ends Moderately Lower

RTTNews | 685 days ago

Swiss Market Ends Moderately Lower

(RTTNews) - The Switzerland stock market ended on a weak note on Thursday, in line with the largely negative trend across Europe, as worries about global economic slowdown and some none too encouraging earnings updates from U.S. companies rendered the mood a bit bearish.

The benchmark SMI, which edged up to 10,722.06 in early trades, ended the session at the day's low at 10,643.07, losing 65.12 points or 0.61%.

Richemont and Alcon lost 1.83% and 1.77%, respectively. Givaudan ended lower by 1.41%, while Kuehne & Nagel, Sonova, Sika, Nestle and Geberit lost 0.8 to 1.1%.

UBS Group, Zurich Insurance Group and Roche Holding ended lower by about 0.5%.

Swisscom climbed 0.83%. Partners Group and Lonza Group ended higher by 0.63% and 0.57%, respectively. Swiss Life Holding and ABB posted modest gains.

Among the stocks in the Mid Price Index, Meyer Burger Tech dropped 6%. Baloise Holding, Swatch Group, Helvetia and Clariant drifted down 2 to 2.4%. Adecco, Belimo Holding and Ems Chemie Holding also ended notably lower.

Lindt & Spruengli, VAT Group and Barry Callebaut gained 1.1 to 1.4%.

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Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is notably higher on Thursday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers, exporters and financial stocks.

RTTNews | 29 minutes ago

Indonesia Stock Market May Snap Losing Streak

Indonesia Stock Market May Snap Losing Streak

The Indonesia stock market has finished lower in two straight sessions, shedding almost 80 points or 1 percent in that span. The Jakarta Composite Index sits just above the 8,040-point plateau although it's expected to open to the upside on Thursday.

RTTNews | 40 minutes ago

Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level, with gains across most sectors led by mining and technology stocks. Energy stocks are the only weak spot.

RTTNews | 57 minutes ago

Win Streak May Continue For Hong Kong Shares

Win Streak May Continue For Hong Kong Shares

Ahead of Wednesday's holiday for National Day, the Hong Kong stock market had moved higher in back-to-back sessions, advancing almost 720 points or 2.8 percent along the way. The Hang Seng Index now sits just above the 26,850-point plateau and it may extend its gains on Thursday.

RTTNews | 1h 10min ago

Taiwan Bourse May Reclaim 26,000-Point Level

Taiwan Bourse May Reclaim 26,000-Point Level

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 400 points or 1.6 percent along the way. The Taiwan Stock Exchange now sits just above the 25,980-point plateau and it may see additional support on Thursday.

RTTNews | 1h 40min ago

Singapore Stock Market Tipped To Open In The Green

Singapore Stock Market Tipped To Open In The Green

The Singapore stock market has moved higher in three straight sessions, adding more than 55 points or 1.3 percent along the way. The Straits Times Index now sits just above the 4,320-point plateau and it may add to its winnings again on Thursday.

RTTNews | 2h 10min ago

Malaysia Bourse May Extend Winning Streak

Malaysia Bourse May Extend Winning Streak

The Malaysia stock market has moved higher in four straight sessions, collecting more than 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and it may tick higher again on Thursday.

RTTNews | 2h 40min ago

South Korea Inflation Jumps 0.5% In September

South Korea Inflation Jumps 0.5% In September

Consumer prices in South Korea were up a seasonally adjusted 0.5 percent on month in September, Statistics Korea said on Thursday.

RTTNews | 2h 54min ago

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