Swiss Market Closes Modestly Higher

RTTNews | 1011 days ago
Swiss Market Closes Modestly Higher

(RTTNews) - The Switzerland stock market ended modestly higher on Tuesday after holding in positive territory right through the day's session.

Bargain hunting at several counter contributed to market's rebound.

The benchmark SMI, which rose to 10,201.23 in the first hour, ended the day with a gain of 53.81 points or 0.53% at 10,126.43.

Roche Holding rallied 2.2%. Logitech gained 2.05%, while Lonza Group, Zurich Insurance Group and ABB advanced 1 to 1.1%.

Novartis, Sika, Sonova and Swisscom posted modest gains.

Credit Suisse and Swiss Re both shed more than 2%. Swiss Life Holding ended lower by about 1.05%. Geberit and Alcon also ended weak.

Among the stocks in the Swiss Mid Price Index, Zur Rose surged 5.57%. AMS gained a little over 5%, and Roche Holding climbed 3.7%.

Galenica Sante, Kuehne & Nagel, Bachem Holding, Schindler Ps and Lindt & Spruengli gained 1.5 to 2.3%.

SGS, Swiss Prime Site, Clariant and PSP Swiss Property declined 2.4 to 2.9%.

read more
TSX Settles Roughly Flat

TSX Settles Roughly Flat

The Canadian stock market ended flat on Friday, amid uncertainty on US-Canada trade deal even as July 9 deadline set by the US President for tariff agreement is fast approaching.
RTTNews | 3h 40min ago
Swiss Market Ends Slightly Down

Swiss Market Ends Slightly Down

After languishing in negative territory till a little before the final hour of the day's trading session, the Switzerland market managed to emerge into positive zone on Friday but failed to hold firm and eventually settled with a marginal loss.
RTTNews | 10h 23min ago
TSX Up Marginally After Posting New Record High

TSX Up Marginally After Posting New Record High

The Canadian market is up marginally a little past noon on Friday with investors largely making cautious moves on weak private sector activity report, and amid uncertainty about Trump administration's tariff moves.
RTTNews | 11h 52min ago
German Factory Orders Log Bigger-Than-Expected Fall

German Factory Orders Log Bigger-Than-Expected Fall

Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 15h 20min ago
Bay Street Headed For Weak Start

Bay Street Headed For Weak Start

Canadian shares are likely to open on a negative note Friday morning, tracking weak European stocks and lower crude oil prices. Concerns about tariffs may weigh down on sentiment. Trading volumes are likely to remain thin as the U.S. market is closed for Independence Day holiday.
RTTNews | 15h 43min ago
UK Construction Sector Contraction Slowest In 6 Months

UK Construction Sector Contraction Slowest In 6 Months

UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday. The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
RTTNews | 15h 51min ago