Swiss Market Ends On Bright Note

RTTNews | 719 hari yang lalu
Swiss Market Ends On Bright Note

(RTTNews) - The Switzerland stock market ended on a bright note on Wednesday thanks to sustained buying at several counters amid optimism about results updates from U.S. technology majors.

Investors also looked ahead to the upcoming Jackson Hole Symposium in Wyoming, where global central bankers are scheduled to speak.

The benchmark SMI ended with a gain of 97.96 points or 0.9% at 10,973.64. The index scaled a low of 10,925.13 and a high of 11,021.56.

Roche Holding climbed 3.75%. Lonza Group and Givaudan gained 2.32% and 2.15%, respectively. UBS Group advanced 1.33% and Swiss Re gained 1.23%.

Logitech gained nearly 1%. Swisscom, Nestle, ABB, Sika and Geberit also closed higher.

Holcim ended 1.53% down. Kuehne & Nagel declined nearly 1%. Partners Group and Novartis posted modest losses.

In the Mid Price Index, Meyer Burger Tech and Bachem Holding gained 2% and 1.75%, respectively. PSP Swiss Property, Swatch Group, SIG Combibloc, Tecan Group, Swiss Prime Site and SGS gained 0.9 to 1.4%.

Dufry ended lower by 1.04%. Adecco, Helvetia, Lindt & Spruengli and Galenica Sante also closed weak.

read more
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.
RTTNews | 3j 28min yang lalu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.
RTTNews | 5j 5min yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.
RTTNews | 5j 43min yang lalu
Sensex, Nifty Set For Muted Open On Mixed Global Cues

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.
RTTNews | 6j 15min yang lalu