Advertisement
Swiss Market Ends Modestly Higher
(RTTNews) - After a weak start and a subsequent recovery Wednesday morning, the Switzerland stock market moved along the flat line till about a couple of hours past noon before climbing higher to end the day's session on a positive note.
Investors largely made their moves, reacting to quarterly earnings updates.
The benchmark SMI ended with a gain of 24.03 points or 0.23% at 10,595.06, after moving between 10.530.51 and 10,645.22.
Partners Group climbed 1.33%. Lonza Group, ABB, Richemont, Novartis, Roche Holding, Holcim and Sonova gained 0.7 to 1%.
Swiss Life Holding tumbled nearly 6% after the company said that its Asset Management Business saw a fall in the first nine months of the year and a decline in its solvency ratio.
Alcon, Geberit and Nestle lost 0.55 to 0.72%.
In the Mid Price Index, Georg Fischer, Straumann Holding, Galenica Sante, Lindt & Spruengli, Tecan Group, VAT Group, Meyer Burger Tech and Swatch Group gained 1 to 2%.
AMS declined nearly 5%. Dufry ended 2.31% down, while Barry Callebaut, Swiss Prime Site and BKW ended lower by 0.9 to 1.2%.
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
Bay Street Seen Opening On Mixed Note
FTSE 100 Rises To Record High As Mining Stocks Rally
CAC 40 Moderately Higher On Trade Deal Hopes
DAX Modestly Up After Hitting Fresh Record High
Sensex, Nifty End Lower On Tariff Concerns
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
