Swiss Market Ends Modestly Higher

RTTNews | 125 dagar sedan
Swiss Market Ends Modestly Higher

(RTTNews) - The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.

The benchmark SMI closed up 24.46 points or 0.21% at 11,942.05, after moving between 11,922.05 and 12,013.11.

Sandoz Group climbed nearly 3.5%. ABB closed up 2.22%. Holcim, SGS, Sika, UBS Group, Partners Group, VAT Group, Lonza Group and Alcon gained 1.2 to 1.7%.

SIG Group, Logitech International, Sonova, Givaudan, Richemont, Julius Baer and Straumann Holding gained 0.7 to 1%.

Shares of clinical-stage biopharmaceutical company Addex Therapeutics soared nearly 14%. The company reported a full-year profit at CHF7.1 million, as against a loss of CHF10.6 million in the previous year.

Nestle ended down nearly 2%. Kuehne + Nagel closed lower by 1.54%. Lindt & Spruengli, Adecco and Roche Holding ended modestly lower.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 1h 48minuter sedan
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 2h 8minuter sedan
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 5h 8minuter sedan
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 5h 18minuter sedan
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 5h 41minuter sedan
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 5h 47minuter sedan