Swiss Market Ends On Strong Note

RTTNews | 163 hari yang lalu
Swiss Market Ends On Strong Note

(RTTNews) - After opening marginally up, the Switzerland market gained in strength as the day progressed on Monday, thanks to sustained buying at several counters, amid optimism about more monetary easing by central banks.

The Swiss National Bank's monetary policy meeting is scheduled to take place on Thursday (March 20). The Federal Reserve, the Bank of Japan and the Bank of England are also scheduled to announce their rate decisions this week.

The benchmark SMI ended the day's session with a strong gain of 141.31 points or 1.09% at 13,058.12, slightly off the day's high of 13,064.98.

Novartis, VAT Group and Lonza Group gained 2.1 to 2.34%. UBS Group advanced nearly 2%.

Roche Holding gained 1.73% and Sandos Group climbed 1.59%, while SGS, Adecco, Swiss Life Holding and Nestle closed higher by about 1.2%.

Lindt & Spruengli, ABB, Swiss Re, Alcon, Holcim, Straumann Holding. Zurich Insurance, Kuehne + Nagel and Sonova also ended on firm note.

Richemont ended down 1.65%. Swatch Group lost nearly 1%, while Geberit ended 0.65% down. Logitech International, Sika and Julius Baer closed modestly lower.

read more
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 38 minit yang lalu
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 2j 30min yang lalu
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 3j 22min yang lalu
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 3j 23min yang lalu
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 4j 49min yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 5j 4min yang lalu