Swiss Market Ends Slightly Up

RTTNews | 40 дней спустя
Swiss Market Ends Slightly Up

(RTTNews) - After a choppy ride till around noon, Swiss stocks gained in strength on Wednesday, but following some brisk selling in the closing minutes, ended the day's session with just a small gain.

The benchmark SMI ended up 9.49 points or 0.08% at 11,910.81. The index, which dropped to 11,883.04 around mid morning, climbed to 11,977.61 in late afternoon trades.

Partners Group rallied about 5.1%, driven by a jump in total assets under management to $174 billion in the first half from the year-ago $149 billion. The company as forecast total new client assets of $26 billion to $31 billion for the full year.

Swiss Re, Zurich Insurance Group, Swatch Group and Lonza Group gained 1.1 to 1.3%.

Richemont gained more than 1% after the company said its fiscal first-quarter group sales increased year over year to 5.41 billion euros from 5.27 billion euros, thanks to a sharp 11% jump in its Jwellery Maisons segment.

VAT Group ended down 3.48%. Holcim, ABB, Sika and Julius Baer lost 1.4 to 1.7%. Sandoz Group, Kuehne + Nagel, Amrize, Novartis, Geberit and Straumann Holding closed lower by 0.8 to 1.1%.

read more
FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
RTTNews | 15 минут назад
CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.
RTTNews | 40 минут назад
DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.
RTTNews | 2ч 3мин назад
Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews | 2ч 7мин назад
French Consumer Sentiment Weakest Since 2023

French Consumer Sentiment Weakest Since 2023

France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions. The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.
RTTNews | 3ч 16мин назад
Asian Shares Slip After Trump's Tariff Threats

Asian Shares Slip After Trump's Tariff Threats

Asian stocks fell on Tuesday as Fed independence fears resurfaced and investors awaited Nvidia results amid hopes it can soothe fears about AI spending.
RTTNews | 3ч 58мин назад
Indian Rupee Falls To More Than 4-week Low On Tariff Worries

Indian Rupee Falls To More Than 4-week Low On Tariff Worries

The Indian rupee weakened against the U.S. dollar in the Asian session on Tuesday, after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews | 4ч 32мин назад