Swiss Market Ends Marginally Up After Choppy Session

RTTNews | 119 дней спустя
Swiss Market Ends Marginally Up After Choppy Session

(RTTNews) - After a positive start Wednesday morning, the Switzerland market turned subdued and then fell into the red around mid afternoon, but recovered gradually to finally end the day's session marginally higher.

Investors assessed the data on U.S. consumer price inflation for clues about the Federal Reserve's interest-rate moves.

The benchmark SMI closed up 19.74 points or 0.16% at 12,713.90, off the day's low of 12,617.10.

SGS gained 1.52%. The company announcing it has purchased Italian independent customs operations and consulting company Stella Operazioni Doganali. SGS expects the acquisition to strengthen its trade facilitation services in Italy and the European customs network.

Schindler Ps and Roche Holdings gained 1.5% and 1.21%, respectively. Richemont, SIG Group, Nestle and Swatch Group closed higher by 0.6 to 0.9%.

Lindt & Spruengli, Givaudan, Julius Baer and Sandoz ended modestly higher.

Alcon closed down 1.56%, VAT Group ended 1.2% down, and Sonova declined 1.01%. UBS Group and Kuehne + Nagel also ended notably lower.

read more
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
RTTNews | 1ч 47мин назад
Sensex, Nifty Subdued In Cautious Trade

Sensex, Nifty Subdued In Cautious Trade

Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
RTTNews | 2ч 4мин назад
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
RTTNews | 2ч 27мин назад
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
RTTNews | 3ч 18мин назад