Swiss Market Ends On Strong Note

RTTNews | 842 วันที่ผ่านมา

(RTTNews) - The Switzerland market, which opened modestly higher Monday morning, ended the day's session on a strong note, with stocks gaining in strength as the session progressed.

The World Economic Forum kicked off today in Switzerland, with the war in Ukraine, economic instability and uncertainty and climate change on the agenda.

The benchmark SMI ended with a gain of 145.20 points or 1.29% at 11,435.99, the day's high.

Partners Group gained 3.5%. Sika gained nearly 3.5%, after the Swiss specialty chemical firm inked a deal with British firm INEOS to sell MBCC Group's admixtures business in various countries to address competition concerns.

Lonza Group ended nearly 2.5% down. Novartis, Givaudan, Credit Suisse, Holcim, UBS Group and Alcon gained 1.5 to 2%.

Sika AG gained about 1 percent. The Swiss specialty chemical firm has inked a deal with British firm INEOS to sell MBCC Group's admixtures business in various countries to address competition concerns.

In the Mid Price Index, Temenos Group soared nearly 9% as CEO Max Chuard quit the software company under pressure from activist shareholders.

Straumann Holding climbed about 3%. VAT Group surged 2.5%, while Kuehne & Nagel, Schindler Holding, Adecco, Schindler Ps, SIG Combibloc, Ems Chemie Holding and Lindt & Spruengli N gained 1.6 to 2.2%.

Lindt & Spruengli Part, AMS, Belimo Holding, PSP Swiss Property, SGS and Roche Holding also ended with impressive gains.

Zur Rose drifted down 4%. Tecan Group ended 2.2% down, while Bachem Holding ended nearly 1% down.

European Shares Seen Opening Up On Trade Deal Optimism

European stocks look set to open on a positive note Thursday after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.

RTTNews | 1 ชม. 59 นาทีที่ผ่านมา

European Economic News Preview: Bank Of England To Cut Interest Rate

The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting after reducing it three times since last year.

RTTNews | 2 ชม. 10 นาทีที่ผ่านมา

Sensex, Nifty Subdued In Early Trade

Indian shares were subdued on Thursday amid rising tensions between India and Pakistan and concerns about the outlook for the global economy.

RTTNews | 3 ชม. 21 นาทีที่ผ่านมา

Australian Market Swings To Slight Gains In Mid-market

The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.

RTTNews | 4 ชม. 9 นาทีที่ผ่านมา

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.

RTTNews | 4 ชม. 32 นาทีที่ผ่านมา

Sensex, Nifty Likely To Open On Cautious Note

Indian shares look set to open on a cautious note Thursday as Pakistan troops continue to resort to cross-border shelling along the Line of Control (LoC) in Kupwara district of Jammu and Kashmir for the second consecutive day.

RTTNews | 5 ชม. 3 นาทีที่ผ่านมา

Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 36,700 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.

RTTNews | 5 ชม. 54 นาทีที่ผ่านมา

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.

RTTNews | 6 ชม. 31 นาทีที่ผ่านมา

EURUSD	1.12875	GBPUSD	1.32782	AUDUSD	0.64145
USDJPY	144.471	USDCAD	1.38713	USDCHF	0.82779

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Swiss Market Ends On Strong Note