Swiss Market Ends On Weak Note
(RTTNews) - After a weak start and a subsequent long spell in negative territory, the Switzerland stock market briefly emerged above the flat line in the final hour on Tuesday, but faltered again and ended the session on a weak note.
The benchmark SMI, which fell to a low of 11,376.31 around mid afternoon, climbed to 11,453.64 subsequently, but pared gains and settled at 11,401.99, netting a loss of 34 points or 0.3%.
Richemont ended 1.4% down. Alcon, Zurich Insurance Group, Lonza Group, Novartis, Swiss Re, Geberit and Nestle lost 0.5 to 1%.
Swiss Life Holding and ABB both ended higher by about 1.35%. Sika and UBS Group gained 0.74% and 0.54%, respectively.
In the Mid Price Index, Belimo Holding plunged more than 6%. Tecan Group ended lower by about 2.1%. AMS, Schindler Ps, Zur Rose, Baloise Holding and Schindler Holding also ended notably lower.
Swatch Group surged nearly 2.5%. SIG Combibloc gained nearly 2%, while Temenos Group and Lindt & Spruengli ended higher by about 1.3% and 1.1%, respectively.
Singapore Bourse May Extend Tuesday's Gains
Japan M2 Money Stock Climbs 1.6% Annually
Win Streak May Continue For Malaysia Stock Market
Mild Upside Seen For Japan Stock Market
South Korea May Extend Winning Streak
China Loan Data On Tap For Wednesday
Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs
