To use chat, please login.
Back to contacts

Swiss Market Closes Modestly Higher

RTTNews | 66 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
American Honda Recalls Honda TRX90X All-Terrain Vehicles

American Honda Recalls Honda TRX90X All-Terrain Vehicles

American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC.
RTTNews | 5h 26min ago
Malvern Bancorp Swings To Profit In Q4

Malvern Bancorp Swings To Profit In Q4

Malvern Bancorp, Inc. (MLVF) reported Friday fourth-quarter net income of $2.58 million or $0.34 per share, compared to a net loss of $6.19 million or $0.82 per share in the prior-year quarter.
RTTNews | 6h 0min ago
Kirkland's Q3 Results Miss Estimates

Kirkland's Q3 Results Miss Estimates

Specialty retailer Kirkland's, Inc. (KIRK) reported Friday a third-quarter net loss of $7.3 million or $0.58 per share, compared to net income of $7.2 million or $0.51 per share in the prior-year quarter.
RTTNews | 6h 10min ago
German Exports Fall Further Raising Risk Of Recession

German Exports Fall Further Raising Risk Of Recession

Germany's exports declined for the second month in a row, as the global demand continued to be damped by high inflation and supply chain disruptions, and the biggest euro area economy is near recession. Yet, the trade surplus increased notably due to the sharp decrease in imports. Shipments logged a monthly drop of 0.6 percent, following September's 0.7 percent decrease.
RTTNews | 6h 33min ago
European Shares Slip Ahead Of US Jobs Data

European Shares Slip Ahead Of US Jobs Data

European stocks fell on Friday, after having hit a six-month high in the previous session on signs of easing COVID-19 curbs in China and expectations the U.S. Federal Reserve may temper its aggressive rate hikes.
RTTNews | 9h 20min ago