Swiss Market Ends On Firm Note
(RTTNews) - The Switzerland stock market opened slightly lower Monday morning, but swiftly moved into positive territory and stayed firm right through the day's session to eventually close on a firm note.
The benchmark SMI ended with a gain of 47.11 points or 0.43% at 10,922.01. The index, which dropped to 10,859.43 at the start, climbed to a high of 10,952.15 later in the day.
Holcim gained about 1.4%, Alcon climbed 1.25% and Novartis ended 1.02% up. Nestle, Lonza Group and Sika gained about 0.9%, 0.7% and 0.55%, respectively.
Swisscom ended 1.1% down. Sonova, Logitech, Swiss Life Holding and Kuehne & Nagel posted modest losses.
Among the stocks in the Swiss Mid Price Index, Straumann Holding, AMS, Bachem Holding, Dufry and Adecco gained 1 to 1.25%.
Julius Baer, VAT Group, Galenica Sante, Ems Chemie Holding and Temenos Group also ended notably higher.
Schindler Ps and Schindler Holding lost 2.3% and 2.16%, respectively. DocMorris ended 1.45% down and Swatch Group declined 1.02%.
U.S. Dollar Drops After Powell's Speech
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
U.S. Dollar Rises Ahead Of Fed's Powell Speech
