Swiss Market Ends Lower On Weak Data

RTTNews | 938 hari yang lalu
Swiss Market Ends Lower On Weak Data

(RTTNews) - The Switzerland stock market ended on a weak note on Tuesday, hurt by disappointing consumer confidence data.

Survey results from the State Secretariat for Economic Affairs, or SECO, showed Swiss consumer confidence weakened to the lowest level since the survey began in 1972.

The report said the consumer confidence index fell more-than-expected to -46.6 in the fourth quarter from -41.7 in the preceding period. Economists had expected the reading to come in at -43.0.

The benchmark SMI, which fell into negative territory around mid afternoon after staying positive till then, ended the session with a loss of 44.28 points or 0.41% at 10,783.65. The index, which climbed to 10,926.54 in early trades, dropped to a low of 10,755.33 later in the day.

Lonza Group shares dropped more than 5%. Givaudan ended 1.6% down, while Geberit, Swisscom, Sika and Roche Holding lost 0.9 to 1.1%.

Sonova, Nestle and Zurich Insurance Group also closed weak.

Credit Suisse climbed about 1.7% after the Swiss lender confirmed an extraordinary general meeting will take place on November 23 to approve a proposed capital increase.

Richemont rallied nearly 3.25%. UBS Group, Logitech, ABB and Swiss Re gained 0.4 to 0.6%.

In the Mid Price Index, Bachem Holding ended lower by nearly 4%. Tecan Group drifted down nearly 3%. Ems Chemie Holding, Barry Callebaut, Clariant and Temenos Group lost 1.6 to 2%.

Zur Rose surged 3.77%, Swatch Group advanced 3.15%, and AMS gained about 2.5%.

read more
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying just above 8,400 level, following the broadly positive cues from Wall Street overnight, with gains in energy and technology stocks and a mixed performance in mining and financial stocks.
RTTNews | 28 minit yang lalu
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious amid the lack of concrete progress toward a broader trade agreement between the US and its trading partners, despite reaching temporary deals with some. The ongoing uncertainty surrounding the US-China trade relations continued to weigh on market sentiment.
RTTNews | 40 minit yang lalu
Sensex, Nifty Seen Opening On Cautious Note

Sensex, Nifty Seen Opening On Cautious Note

Indian shares may open on a flat note Wednesday as investors weigh global uncertainties and await cues from Nvidia's earnings results and the release of minutes from the Federal Reserve May meeting.
RTTNews | 1j 22min yang lalu
Rebound Predicted For Thai Stock Market

Rebound Predicted For Thai Stock Market

The Thai stock market on Tuesday snapped the two-day winning streak in which it had gained more than 5 points or 0.5 percent. The Stock Exchange of Thailand now rests just above the 1,160-point plateau, although it's likely to open to the upside on Wednesday.
RTTNews | 1j 54min yang lalu
Indonesia Stock Market Poised To Open To The Upside

Indonesia Stock Market Poised To Open To The Upside

The Indonesia stock market bounced higher again on Tuesday, one day after ending the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
RTTNews | 2j 24min yang lalu
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,000 mark, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 2j 25min yang lalu
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last four 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 above the 23,380-point plateau and it has a solid lead again for Wednesday's trade.
RTTNews | 2j 39min yang lalu
China Stock Market Due For Support On Wednesday

China Stock Market Due For Support On Wednesday

The China stock market has finished lower in four straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,340-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 2j 54min yang lalu