Swiss Market Closes Modestly Higher

RTTNews | 326 gün önce
Swiss Market Closes Modestly Higher

(RTTNews) - The Switzerland market closed modestly higher on Thursday, staying positive right through the day's session, amid hopes global central banks will reduce interest rates further to boost growth.

The benchmark SMI, which moved in a tight range between 12,169.08 and 12,224.63, ended with a gain of 25.94 points or 0.21% at 12,173.04.

Swatch Group and Lonza Group climbed 2.85% and 2.78%, respectively. Richemont, Straumann Holding and Kuehne + Nagel gained 1.75 to 1.9%.

Swiss Life Holding, SGS, Adecco, VAT Group and Roche Holding advanced 0.9 to 1.3%. UBS Group climbed about 0.7%.

SIG Group, Sonova and Sandoz Group lost 1.37%, 1.17%, and 1.05%, respectively. Schindler Ps, Givaudan, Nestle, Logitech International, Julius Baer and Novartis also closed weak.

read more
Eurozone Industrial Production Recovers In July

Eurozone Industrial Production Recovers In July

Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews | 33 dakika önce
FTSE 100 Drifts Lower For 3rd Straight Session

FTSE 100 Drifts Lower For 3rd Straight Session

U.K. stocks are exhibiting weakness on Tuesday, losing ground for a third straight session, as investors react to the nation's jobs data, and await the Bank of England's monetary policy announcement due later in the week.
RTTNews | 1s 36 dakika önce
CAC 40 Down Marginally In Lackluster Trade

CAC 40 Down Marginally In Lackluster Trade

The French market is down marginally on Tuesday with stocks moving in a tight band ahead of the Federal Reserve's monetary policy meeting. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday.
RTTNews | 2s 0 dakika önce
DAX Drifts Lower Ahead Of Fed Policy Meeting

DAX Drifts Lower Ahead Of Fed Policy Meeting

German stocks are down in negative territory on Tuesday with investors mostly staying cautious, focusing on the Federal Reserve's monetary policy meeting, which gets underway today, and the ongoing trade talks between China and the U.S.
RTTNews | 2s 40 dakika önce
German Economic Sentiment Rises In September

German Economic Sentiment Rises In September

German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews | 2s 49 dakika önce