Swiss Market Ends On Weak Note
(RTTNews) - After a weak start, the Switzerland market briefly moved into positive territory around late morning on Monday, but retreated soon, and ended the day's session on a negative note despite another attempt to edge higher past mid afternoon.
The benchmark SMI ended lower by 36.09 points or 0.32% at 11,155.80 after scaling a low of 11,137.18 and a high of 11,205.55 intraday.
Sika ended down 2.52%. Logitech International, Holcim, Geberit and Richemont ended lower by 1.7 to 2.1%.
UBS Group drifted down by about 1.1%. ABB and Kuehne & Nagel ended lower by 0.85% and 0.51%, respectively.
Swisscom advanced 1.11%. Givaudan, Novartis, Swiss Re, Roche Holding and Lonza Group posted modest gains.
Among the stocks in the Mid Price Index, ams OSRAM Ag and Clariant ended down 5.41% and 5%, respectively. BKW closed lower by 3.2%. Tecan Group, Straumann Holding, VAT Group, Sandoz and Avolta lost 1.25 to 2.5%.
Meyer Burger Tech soared 10.3%. PSP Swiss Property advanced 1.35%, while SIG Combibloc and Galenica Sante gained 0.69% and 0.56%, respectively.
Asian Shares Rise Ahead Of Fed Decision
Aussie Rises As Robust Inflation Data Spurs RBA Rate Cut Pause
European Shares Seen Tad Lower At Open
Australian Dollar Rises Against Majors
European Economic News Preview: UK Mortgage Approvals Data Due
Sensex, Nifty Modestly Higher In Lackluster Trade
Australian Market Sharply Extends Early Losses In Mid-market
