Swiss Market Ends Modestly Higher
(RTTNews) - The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
The benchmark SMI closed up 24.46 points or 0.21% at 11,942.05, after moving between 11,922.05 and 12,013.11.
Sandoz Group climbed nearly 3.5%. ABB closed up 2.22%. Holcim, SGS, Sika, UBS Group, Partners Group, VAT Group, Lonza Group and Alcon gained 1.2 to 1.7%.
SIG Group, Logitech International, Sonova, Givaudan, Richemont, Julius Baer and Straumann Holding gained 0.7 to 1%.
Shares of clinical-stage biopharmaceutical company Addex Therapeutics soared nearly 14%. The company reported a full-year profit at CHF7.1 million, as against a loss of CHF10.6 million in the previous year.
Nestle ended down nearly 2%. Kuehne + Nagel closed lower by 1.54%. Lindt & Spruengli, Adecco and Roche Holding ended modestly lower.
Australian Market Notably Higher
China Stock Market May Challenge 3,700-Point Level
Higher Open Called For Taiwan Stock Market
Singapore Bourse May Test Resistance At 4,300 Points
Malaysia Stock Market Tipped To Open In The Green
Hang Seng Tipped To Open To The Upside On Thursday
Japan Stock Market Has Positive Lead For Thursday
