Swiss Market Ends On Buoyant Note On All-round Buying

RTTNews | 1014 dni temu
Swiss Market Ends On Buoyant Note On All-round Buying

(RTTNews) - The Switzerland stock market ended on a buoyant note on Wednesday, in line with markets across Europe, due largely on bargain hunting after recent losses.

Investors also shifted their focus to earnings, choosing to ignore concerns about inflation and interest rates for now.

The benchmark SMI ended with a gain of 186.40 points or 1.75% at 10,845.59, the day's high.

All the components of SMI closed in positive territory.

Logitech rallied 5.55%. UBS Group, Alcon, Credit Suisse, Lonza Group, Swiss Re, Partners Group, Sika and Richemont gained 2.5% to 4%.

Holcim, Zurich Insurance Group and Geberit ended higher by about 2.1%. Sonova, Givaudan, Swiss Life Holding, Novartis and Nestle also ended with strong gains.

In the Mid Price Index, AMS surged nearly 5%. Swatch Group, Adecco, Bachem Holding, Straumann Holding, Tecan Group, Lindt & Spruengli, Georg Fischer, SIG Combibloc, VAT Group, Helvetia, Baloise Holding, Clariant and Kuehne & Nagel ended higher by 2 to 3%.

read more
German Unemployment Rate Rises In September

German Unemployment Rate Rises In September

Germany's unemployment increased more than expected in September as subdued economic activity damped job creation, official data revealed on Tuesday. The number of unemployed increased by 14,000 in September, reversing a fall of 7,000 in August, the Federal Employment Agency said. Unemployment was forecast to rise by 8,000.
RTTNews | 54 minut temu
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Canadian shares look headed for negative start on Tuesday, tracking weak oil and metal prices. Concerns over fresh tariffs, and a looming U.S. government shutdown could weigh as well on sentiment.
RTTNews | 1g 0 minut temu
FTSE 100 Recovers After Weak Start, Up Marginally In Cautious Trade

FTSE 100 Recovers After Weak Start, Up Marginally In Cautious Trade

After opening marginally lower and drifting down further, U.K. stocks recovered lost ground and emerged above the flat line on Tuesday. Concerns over fresh tariffs proposed by the Trump administration, and a possible U.S. government shutdown appear to be weighing on sentiment.
RTTNews | 1g 34 minut temu
Reserve Bank Of Australia Keeps Rate Steady

Reserve Bank Of Australia Keeps Rate Steady

The Reserve Bank of Australia retained its interest rate after a quarter-point cut last month, as policymakers became cautious over rising inflation. As widely expected, the board governed by Michele Bullock decided to hold the cash rate at 3.60 percent on Tuesday. Previously, the bank had reduced the rate by 25 basis points each in August, May and February.
RTTNews | 1g 52 minut temu
CAC 40 Down 0.3% As Tariff Concerns, Inflation Data Weigh

CAC 40 Down 0.3% As Tariff Concerns, Inflation Data Weigh

French stocks are down in negative territory on Tuesday, weighed down by tariff concerns and a potential U.S. government shutdown. Data showing an increase French consumer price inflation is weighing as well on sentiment.
RTTNews | 2g 5 minut temu
DAX Down Marginally In Cautious Trade Amid Tariff Concerns

DAX Down Marginally In Cautious Trade Amid Tariff Concerns

German stocks are subdued in cautious trade on Tuesday amid possibility of a US government shutdown, and lingering concerns over Trump's tariff threats. Investors are also digesting the latest batch of regional economic data, including a report showing an unexpected drop in retail sales.
RTTNews | 2g 29 minut temu
Sensex, Nifty Extend Losses For Eighth Day

Sensex, Nifty Extend Losses For Eighth Day

Indian shares ended lower for an eighth consecutive session on Tuesday amid ongoing FII selling, lingering uncertainty over the U.S. trade deal and U.S. President Donald Trump's announcement of 100 percent tariffs on any or all movies that are made outside of the United States.
RTTNews | 3g 16 minut temu
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as markets expect the Bank of Japan is likely to raise interest rates soon amid geopolitical tensions and US fiscal uncertainty.
RTTNews | 3g 40 minut temu