Swiss Market Ends On Firm Note

RTTNews | 15h 23min ago
Stocktwits
Swiss Market Ends On Firm Note

(RTTNews) - Swiss stocks turned in a fine performance on Thursday, in line with most of the markets across Europe, amid optimism about a U.S.-EU trade deal materialising sometime soon.

The benchmark SMI closed up 125.08 points or 1.04% at 12,131.94.

Alcon climbed 3.85%. VAT Group and Swatch Group gained 3.33% and 3.1%, respectively. Schindler Ps, Geberit, Sonova, SIG Group, Sika, Logitech International and Adecco moved up 2 to 2.7%.

Straumann Holding, Kuehne + Nagel, SGS, Novartis, UBS Group, Partners Group, Holcim, Amrize, ABB, Julius Baer, Lonza Group and Roche Holding closed up by 1 to 2%.

Barry Callebaut tanked 13.4% after the company cut its sales volume guidance for a second time within three months due to persistent cocoa bean price volatility.

The company booked a sales revenue of 10.95 billion francs for the nine months ended May 31, up from the year-ago 7.32 billion francs. Sales volume, on the other hand, dropped 6.3% to 1.6 million tons.

Stocktwits
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Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian shares ended mostly lower in cautious trade on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.
RTTNews | 30 minutes ago
Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 59 minutes ago
Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | 1h 36min ago
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