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Swiss Market Ends On Buoyant Note
(RTTNews) - The Switzerland stock market ended on a buoyant note on Friday, tracking positive global cues.
The passage of the debt ceiling bill in the U.S., and easing worries about interest rates after some Fed officials suggested a pause in policy tightening, helped underpin sentiment.
The benchmark SMI ended with a gain of 147.07 points or 1.3% at 11,443.35, near the day's high.
Sika rallied 2.81%. UBS Group, Credit Suisse, Richemont and Geberit ended higher by 2.1 to 2.5%.
Partners Group and Lonza Group both gained nearly 2%. Holcim, Swiss Life Holding, Novartis, Sonova, ABB, Alcon and Roche Holding climbed 1 to 1.7%.
Swisscom declined 1.22%, and Logitech ended 0.55% down.
In the Mid Price Index, DocMorris surged 4.12%. Adecco, AMS, Belimo Holding, Schindler Holding, Schindler Ps and PSP Swiss Property gained 3 to 3.9%.
SGS, Swatch Group, Georg Fischer, Kuehne & Nagel, Julius Baer and Ems Chemie Holding moved up 2 to 2.8%.
Clariant and SIG Combibloc both shed about 0.75%. Flughafen Zurich and Barry Callebaut declined marginally.
TSX Settles Lower As Trade Tensions Resurface
Crude Oil Prices Slip On Friday
Pound Drops As Trade Tensions Renew
Weighed Down By Tariff Uncertainty, Gold Slides
Swiss Market Ends Modestly Higher
Major European Markets Close Slightly Higher
Canadian Market Modestly Lower, Looks Headed For Another Weak Close
