Swiss Market Ends On Weak Note
(RTTNews) - After a weak start, the Switzerland market briefly moved into positive territory around late morning on Monday, but retreated soon, and ended the day's session on a negative note despite another attempt to edge higher past mid afternoon.
The benchmark SMI ended lower by 36.09 points or 0.32% at 11,155.80 after scaling a low of 11,137.18 and a high of 11,205.55 intraday.
Sika ended down 2.52%. Logitech International, Holcim, Geberit and Richemont ended lower by 1.7 to 2.1%.
UBS Group drifted down by about 1.1%. ABB and Kuehne & Nagel ended lower by 0.85% and 0.51%, respectively.
Swisscom advanced 1.11%. Givaudan, Novartis, Swiss Re, Roche Holding and Lonza Group posted modest gains.
Among the stocks in the Mid Price Index, ams OSRAM Ag and Clariant ended down 5.41% and 5%, respectively. BKW closed lower by 3.2%. Tecan Group, Straumann Holding, VAT Group, Sandoz and Avolta lost 1.25 to 2.5%.
Meyer Burger Tech soared 10.3%. PSP Swiss Property advanced 1.35%, while SIG Combibloc and Galenica Sante gained 0.69% and 0.56%, respectively.
Hong Kong Trade Data On Tap For Monday
Canadian Dollar Recovers Against Majors
Russia Central Bank Cuts Rates For Fourth Policy Session
Canadian Market Rises On Rate Cut Bets
Swiss Market Ends Marginally Up After Choppy Ride
European Stocks Close Higher After Cautious Session
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October
