Swiss Market Ends Marginally Lower
(RTTNews) - The Switzerland stock market ended slightly down on Wednesday, failing to hold early gains.
The market started off on a weak note, but swiftly moved higher thanks to some brisk buying at several frontline counters. However, stocks pared gains subsequently and the market moved in a tight range around the flat line till the end of the session.
The benchmark SMI ended up 7.09 points or 0.06% at 10,992.31. The index, which dropped to 10,971.14 at the start, climbed to 11,028.54.
Nestle gained about 1.2% and UBS Group advanced 1.1%. Alcon ended nearly 1% up, while Sonova, Givaudan and Kuehne & Nagel posted modest gains.
Lonza Group ended 1.66% down. Geberit, Logitech, Roche Holding, Partners Group and Swiss Re lost 0.5 to 0.65%.
In the Mid Price Index, Helvetia gained nearly 1%. Dufry advanced 0.6%, while PSP Swiss Property, Adecco, VAT Group and Clariant gained 0.3 to 0.5%.
Tecan Group ended lower by 5.3%. DocMorris drifted down 2.2%, while Swatch Group, Bachem Holding and Temenos Group lost 1.4 to 1.7%.
Straumann Holding declined 1.1%. Ems Chemie Holding, Galenica Sante and SGS ended lower by 0.5 to 0.7%.
U.S. Pending Home Sales Fall More Than Expected In July
Eurozone Economic Confidence Weakens In August
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
U.S. Economy Surges More Than Previously Estimated In Q2
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
Switzerland Logs Weaker Growth, Trims 2026 Outlook
U.S. GDP Jumps More Than Previously Estimated In Q2
