Advertisement
Swiss Market Ends On Firm Note
(RTTNews) - After a positive start and a subsequent fall that resulted in a brief spell in the red, the Switzerland stock market recovered and stayed firm to end moderately higher on Friday thanks to sustained buying at several top counters.
Despite uncertainty about interest rates and concerns about slowing growth, investors picked up frontline stocks amid optimism about earnings.
The benchmark SMI ended with a gain of 69.94 points or 0.61% at 11,460.58.
Alcon climbed 2.1% and Sonova surged 1.76%. Nestle and Roche Holding gained 1.36% and 1.24%, respectively. Novartis, Lonza Group and Givaudan also ended notably higher.
Geberit declined 1.55% and UBS Group drifted down 1.18%. Swiss Re and Credit Suisse also posted notable losses.
In the Mid Price Index, Tecan Group climbed 3.68%. Bachem Holding gained 2.4%, while Galenica Sante, PSP Swiss Property and Zur Rose gained 1.83%, 1.66% and 1.63%, respectively.
Canadian Dollar Eases Against Most Majors
Swiss Market Ends Sharply Lower
European Stocks Close Weak As Trade War Fears Hurt Sentiment
Canadian Market Remains Weak On Tariff Concerns
Bay Street Likely To Open Lower
Pound Falls As U.K. Economy Contracts For Second Straight Month
Wall Street Likely To Open On Weak Note
