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Swiss Market Ends On Firm Note On Positive Global Cues

RTTNews | 826 hari yang lalu

Swiss Market Ends On Firm Note On Positive Global Cues

(RTTNews) - The Switzerland stock market briefly slipped into negative territory a little before noon on Friday, but recovered and gained in strength as the session progressed to eventually close on a bright note.

Signs of progress in U.S. debt ceiling talks helped lift sentiment.

The benchmark SMI, which dropped to 11,313.88 around noon, ended with a gain of 108.98 points or 0.96% at 11,434.24, about 30 points off the day's high.

Logitech gained nearly 2.5%. Richemont, Sika and ABB climbed 2.08%, 1.82% and 1.57%, respectively.

UBS Group, Swiss Re, Givaudan, Swiss Life Holding, Lonza Group, Geberit, Alcon, Roche Holding, Zurich Insurance Group and Credit Suisse gained 1 to 1.4%.

Partners Group declined nearly 2%, and Swisscom ended lower by about 0.4%.

Among the stocks in the Swiss Mid Price Index, VAT Group surged nearly 4% and AMS gained 3.1%, while Georg Fischer climbed 2.87%.

Bachem Holding, Kuehne & Nagel, Flughafen Zurich and Straumann Holding gained 2.2 to 2.6%. SIG Combibloc, Belimo Holding, Baloise Holding, Schindler Ps and Swatch Group also ended notably higher.

In economic news, data from Swiss Federal Statistical Office showed Switzerland's non-farm payrolls increased 2.2% year-on-year to 5.389 million in the first quarter of 2023, slightly lower than the 2.3% rise in the previous three-month period.

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PERINGATAN RISIKO TINGGI: Perdagangan pertukaran mata wang asing mempunyai risiko tinggi yang mungkin tidak sesuai untuk semua jenis pelabur. Leveraj menimbulkan risiko dan kerugian tambahan. Sebelum anda memutuskan untuk berdagang pertukaran mata wang asing, pertimbangkan dengan teliti objektif pelaburan, tahap pengalaman dan toleransi risiko anda. Anda berkemungkinan kehilangan sebahagian atau semua pelaburan awal anda. Jangan melaburkan wang yang anda tidak mampu untuk kehilangan. Didik diri anda tentang risiko yang berkaitan dengan perdagangan pertukaran asing, dan dapatkan nasihat daripada penasihat bebas kewangan atau cukai jika anda mempunyai sebarang pertanyaan mengenainya. Semua data dan maklumat yang disediakan adalah semata-mata untuk tujuan maklumat, dan bukan bertujuan untuk tujuan perdagangan atau nasihat. Prestasi masa lalu tidak semestinya menunjukkan hasil masa depan.