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.
Swiss Shares Extend Losing Streak
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further
European Markets Finish In The Red On Tuesday
U.S. Construction Spending Unexpectedly Edges Lower In July
Domino's Launches Two New Delectable Bread Bites Flavors
U.S. Manufacturing Index Inches Up In Line With Estimates In August
FTSE 100 Slips As Yields Spike, Sterling Plunges
