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Swiss Market Ends Lower For 5th Straight Day

RTTNews | 592 dagar sedan

Swiss Market Ends Lower For 5th Straight Day

(RTTNews) - Swiss stocks fell sharply on Wednesday, tracking weakness in global markets amid an escalation in tensions in the Middle East, and lingering worries about inflation and slowing growth.

The benchmark SMI ended lower by 138.58 points or 1.28% at 10,675.44, extending losses to a fifth straight session.

ABB tumbled 6.5% after the engineering group flagged a slowdown in revenue growth in Q4 and reported a continued decline in orders in China.

Lonza Group ended lower by about 3.5%, extending losses from the previous session. Geberit ended 3.25% down.

Sika, UBS Group, Kuehne & Nagel, Alcom, Holcim and Partners Group lost 2 to 2.7%. Logitech and Roche Holding also declined sharply.

In the Mid Price Index, VAT Group drifted down 4.53%. Sandoz, Tecan Group, Meyer Burger Tech, Julius Baer, AMS, Georg Fischer, Schindler Ps, Belimo Holding and SIG Combibloc ended lower by 2 to 3.4%.

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Continued Consolidation Expected For Singapore Stock Market

Continued Consolidation Expected For Singapore Stock Market

The Singapore stock market on Friday ended the three-day winning streak in which it had advanced more than 40 points or 1 percent. The Straits Times Index now sits just beneath the 3,900-point plateau and it's expected to open in the red again on Monday.

RTTNews | 17 minuter sedan

Japan Stocks Expected To Open Under Pressure On Monday

Japan Stocks Expected To Open Under Pressure On Monday

The Japan stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 37,960-point plateau and it may take further damage again on Monday.

RTTNews | 47 minuter sedan

Australia Manufacturing PMI Slows In May - S&P Global

Australia Manufacturing PMI Slows In May - S&P Global

The manufacturing sector in Australia continued to expand in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.0.

RTTNews | 1h 7minuter sedan

Lower Open Anticipate For South Korea Shares

Lower Open Anticipate For South Korea Shares

The South Korea stock market on Friday snapped the two-day winning streak in which it had jumped more than 80 points or 3.1 percent. The KOSPI now rests just beneath the 2,700-point plateau and it may extend its losses on Monday.

RTTNews | 1h 17minuter sedan

Japan Capital Spending Data Due On Monday

Japan Capital Spending Data Due On Monday

Japan will on Monday release Q1 figures for capital spending, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, capex was down 0.2 percent on year.

RTTNews | 2h 17minuter sedan

TSX Settles Lower As Trade Tensions Resurface

TSX Settles Lower As Trade Tensions Resurface

Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.

RTTNews | 1 dag sedan

Crude Oil Prices Slip On Friday

Crude Oil Prices Slip On Friday

Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.

RTTNews | 2 dagar sedan

Pound Drops As Trade Tensions Renew

Pound Drops As Trade Tensions Renew

The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.

RTTNews | 2 dagar sedan

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