Swiss Market Ends Weak After Cautious Session

RTTNews | 977 дней спустя
Swiss Market Ends Weak After Cautious Session

(RTTNews) - The Switzerland stock market ended on a weak note on Wednesday, in contrast to the trend seen in most of the markets across Europe.

The mood was cautious with investors awaiting the Federal Reserve's interest rate decision, due later in the day, and the Swiss National Bank's policy announcement, due on Thursday.

The benchmark SMI, which stayed weak right through the day's session, ended with a loss of 47.14 points or 0.45% at 10,429.40, about 50 points off the day's low of 10,380.48.

Richemont drifted down 1.6%. Novartis, Sonova and Swiss Re ended lower by 1.2 to 1.4%.

Roche Holding, Partners Group and Swiss Life Holding lost 0.8 to 1%. Zurich Insurance Group ended 0.52% down.

Geberit climbed nearly 2%. Sika gained 1.67% and Givaudan advanced 1.2%. ABB and Credit Suisse posted modest gains.

Among the stocks in the Mid Price Index, Dufry ended 2% down. Roche Holding ended lower by 1.36%.

Bachem Holding rallied nearly 5%. Zur Rose, Tecan Group, Belimo Holding, VAT Group, Straumann Holding and AMS gained 1.4 to 2.3%.

read more
Malaysia Stock Market May See Renewed Consolidation

Malaysia Stock Market May See Renewed Consolidation

The Malaysia stock market on Friday ended the six-day losing streak in which it had tumbled more than 55 points or 3.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although it's expected to open under pressure again on Monday.
RTTNews | 24 минут назад
Japan Shares May Head South Again On Monday

Japan Shares May Head South Again On Monday

The Japanese stock market on Friday snapped the two-day slide in which it had dropped almost 550 points or 1.5 percent. The Nikkei 225 now sits just above the 37,160-point plateau although it may hand back those gains on Monday.
RTTNews | 39 минут назад
South Korea Bourse May Extend Losing Streak

South Korea Bourse May Extend Losing Streak

The South Korea stock market has finished lower in back-to-back sessions, sinking almost 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,590-point plateau and it may take further damage on Monday.
RTTNews | 54 минут назад
Japan Leading Index Data Due On Monday

Japan Leading Index Data Due On Monday

Japan will on Monday see March results for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 1ч 54мин назад
Euro Slips On Trump's Tariff Proposal

Euro Slips On Trump's Tariff Proposal

The euro fell against its major counterparts on Friday, as President Donald Trump proposed tariffs on imports from the European Union starting on June 1.
RTTNews | 2 дней спустя
Swiss Market Ends Weak On Tariff Concerns

Swiss Market Ends Weak On Tariff Concerns

After opening on a positive note and staying above the flat line till about an hour past noon, the Switzerland market tumbled on Friday, hurt by U.S. President Donald Trump's threat that imports from the European Union will face 50% tariffs from June 1st.
RTTNews | 2 дней спустя
European Stocks Closed Weak On Trump's Fresh Tariff Threat

European Stocks Closed Weak On Trump's Fresh Tariff Threat

European stocks closed on a weak note on Friday despite staging a fairly strong recovery past mid afternoon. After staying modestly higher till noon, the major European markets tumbled after U.S. President Donald Trump threatened to impose 50% tariffs on imports from the European Union from June 1st.
RTTNews | 2 дней спустя
TSX Recovers After Early Setback; Materials Stocks Move Higher

TSX Recovers After Early Setback; Materials Stocks Move Higher

After a weak start and a subsequent drop to lower levels, the Canadian market recovered well and is down just marginally a little past noon on Friday. The early setback was due to U.S. President Donald Trump's threat that 50% tariffs will be imposed on imports from the European Union beginning June 1st.
RTTNews | 2 дней спустя