Swiss Stocks Close On Strong Note

RTTNews | 276 วันที่ผ่านมา

(RTTNews) - Swiss stocks closed on a bright note on Friday, in line with markets across Europe, as weak manufacturing and services sector data from major European countries such as the U.K., Germany and France raised hopes that central banks will cut interest rates further to help revive growth.

The benchmark SMI ended higher by 124.91 points or 1.08% at 11,716.50. The index touched a low of 11,605.35 and a high of 11,759.62.

Partners Group, SIG Group, Sonova, Straumann Holding, Sandoz Group and Novartis gained 2.3 to 3%. Geberit closed nearly 2% up.

Novartis gained 2.3%. The company has purchased US-based biotechnology company Kate Therapeutics in a deal worth up to $1.1 billion. Kate Therapeutics is focused on developing gene therapies for neuromuscular disease. The acquisition is expected to bolster Novartis' efforts to advance gene therapies for patients.

VAT Group climbed 1.78%. Julius Baer, Roche Holding, Schindler Ps, ABB, Logitech International, Holcim, Sika, Alcon and Lindt & Spruengli closed higher by 1 to 1.3%.

Swiss Life Holdings, Swiss Re, Swisscom, Richemont, Kuehne + Nagel and UBS Group also ended on a firm note.

Sjares of Pierer Mobility zoomed nearly 16% on reports that Mark Mateschitz, who holds a substantial interest in energy drink company Red Bull, is looking to acquire a stake in the Switzerland-listed motorcycle manufacturer and its KTM subsidiary unit. However, Pierer Mobility denied the media reports, saying there are no talks regarding such a transaction.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1 ชม. 13 นาทีที่ผ่านมา

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1 ชม. 34 นาทีที่ผ่านมา

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2 ชม. 5 นาทีที่ผ่านมา

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 ชม. 45 นาทีที่ผ่านมา

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3 ชม. 13 นาทีที่ผ่านมา

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 ชม. 15 นาทีที่ผ่านมา

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 ชม. 30 นาทีที่ผ่านมา

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3 ชม. 33 นาทีที่ผ่านมา

EURUSD	1.16291	GBPUSD	1.34563	AUDUSD	0.64797
USDJPY	147.762	USDCAD	1.38567	USDCHF	0.80556