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Swiss Market Ends Notably Lower

RTTNews | 1065 dias atrás

Swiss Market Ends Notably Lower

(RTTNews) - The Switzerland stock market ended notably lower on Thursday as worries about recession and rising interest rates rendered the mood bearish.

The benchmark SMI, which stayed in negative territory right through the day's trading session, ended with a loss of 93.77 points or 0.92% at 10,126.99. The index touched a low of 10,041.52 around noon.

Credit Suisse and Partners Group both ended lower by about 4.3%. Richemont ended 3.6% down, while Sika, Geberit, Logitech and Sonova lost 2.1 to 2.5%.

UBS Group, Holcim, Roche Holding, Alcon, Givaudan and Swisscom also ended notably lower.

Swiss Re climbed about 1.5%. Nestle gained 0.76%, while Novartis edged up marginally.

Among the stocks in the Mid Price Index, Zur Rose tanked 11.5%. AMS ended nearly 7% down. VAT Group, Temenos Group, Dufry, Straumann Holding and Julius Baer lost 4 to 4.8%.

Swiss Prime Site, Tecan Group and Galenica Sante gained 1.3 to 1.5%, while PSP Swiss Property advanced 0.52%.

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U.S. Consumer Prices Increase In Line With Estimates In July

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RTTNews | 15 minutos atrás

German Unemployment Exceeds 3 Mln

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RTTNews | 45 minutos atrás

U.S. PCE Price Index Increased In Line With Estimates In July

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RTTNews | 57 minutos atrás

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Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

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Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 1 h 51 min atrás

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 1 h 59 min atrás

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2 h 31 min atrás

Pound Falls Against Majors

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The British pound weakened against other major currencies in the European session on Friday.

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