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Swiss Market Ends On Firm Note

RTTNews | 666 gün önce

Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland stock market ended on a firm note on Monday after staying positive right through the day's session, thanks to positive global cues, and optimism about corporate earnings.

The benchmark SMI ended with a gain of 58.48 points or 0.57% at 10,382.19, after moving in a tight band between 10,351.13 and 10,411.19.

Roche Holding climbed about 1.5%. Novartis advanced 1.04%. Zurich Insurance Group, Swiss Re, Swiss Life Holdings, Holcim and Swisscom gained 0.6 to 1%.

Givaudan drifted down 1.26%, and Lonza Group ended nearly 1% down. Geberit and Sonova posted modest losses.

In the Mid Price Index, Clariant rallied nearly 2.5%. Meyer Burger Tech, Dufry and Galenica Sante gained 1.78%, 1.62% and 1.49%, respectively.

VAT Group ended down 2.07%. AMS ended nearly 2% down, and Tecan Group ended lower by 1.23%. Schindler Ps and Schindler Holding ended down 0.72% and 0.63%, respectively.

On the economic front, Switzerland's leading KOF economic barometer barely changed at 95.8 in October 2023 from 95.9 in the previous month. The latest reading signaled a below-average development for the 17th straight month, as prospects for Swiss businesses remained pressured by higher borrowing costs.

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Swiss Market Settles Weak

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | 13 dakika önce

European Stocks Close Lower On Political Concerns, Tariff Worries

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | 36 dakika önce

U.S. Consumer Confidence Index Edges Lower In August

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A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 4s 5 dakika önce

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

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Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 4s 17 dakika önce

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 5s 35 dakika önce

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 5s 41 dakika önce

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 6s 3 dakika önce

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 6s 28 dakika önce

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