Swiss Market Fails To Hold Early Gains, Ends Marginally Down

RTTNews | 976 days ago
Swiss Market Fails To Hold Early Gains, Ends Marginally Down

(RTTNews) - Despite spending much of the day's trading session in positive territory, the Switzerland stock market ended slightly down on Thursday as investors stayed wary of holding positions at higher levels.

The benchmark SMI, which climbed to 10,837.10 around mid-morning, ended with a marginal loss of 7.70 points or 0.07% at 10,746.70, off the day's low of 10,714.59.

Sika, Lonza Group and Richemont shed 2.2 to 3.3%. Partners Group and Givaudan both ended lower by a little over 1.5%. Logitech drifted down 1.04%.

Roche Holding climbed 1.8%. SGS gained 1.2%, while UBS Group, Swiss Re and Zurich Insurance Group posted modest gains.

In the Mid Price Index, Zur Rose tanked 10%. Clariant, Straumann Holding, Tecan Group, Temenos Group and VAT Group lost 3.2 to 4.3%.

Sonova, Swatch Group, Ems Chemie Holding, BB Biotech and Lindt & Spruengli also ended sharply lower, whie Cembra Money Bank and Julius Baer posted moderate gains.

read more
Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | 1h 36min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.
RTTNews | 1h 53min ago
Sensex, Nifty Seen Lower On US Debt Concerns

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
RTTNews | 2h 24min ago
Thai Bourse May Reclaim 1,200-Point Plateau

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,195-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 3h 5min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.
RTTNews | 3h 29min ago
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.
RTTNews | 3h 35min ago
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.
RTTNews | 3h 50min ago