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Swiss Market Fails To Hold Early Gains, Settles Flat

RTTNews | 930 gün önce

Swiss Market Fails To Hold Early Gains, Settles Flat

(RTTNews) - The Switzerland stock market failed to retain early gains and ended flat on Friday as investors chose to take some profits, cashing in recent gains.

The benchmark SMI, which advanced to 11,342.60 in early trades, ended the session at 11,290.79, up 2.97 points or 0.03%.

Sonova climbed 1.34% and Alcon gained 1.19%. Roche Holding ended nearly 1% up, while Lonza Group, Novartis, UBS Group and Nestle gained 0.3 to 0.5%.

Partners Group, Logitech and Credit Suisse lost 3.1%, 2.7% and 2.2%, respectively. Geberit, Givaudan, Zurich Insurance Group and Swisscom ended lower by 1.1 to 1.6%.

Swiss building materials firm Holcim Group ended 0.8% down. The company said its Swiss team GO CIRCULAR is ready to set sail in The Ocean Race for its first round-the-world regatta.

In the Mid Price Index, Zur Rose rallied more than 6%, Straumann Holding gained 3.78% and VAT Group climbed 1.3%.

Clariant ended 2.28% down. AMS, Swiss Prime Site, Tecan Group, Galenica Sante and Georg Fischer also ended notably lower.

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European Stocks Close Mostly Weak As Investors React To Earnings

European Stocks Close Mostly Weak As Investors React To Earnings

European markets closed mostly lower on Thursday as investors reacted to a slew of earnings announcements and digested the latest batch of economic data from the region, and also followed the developments on the trade front.

RTTNews | 14 dakika önce

U.S. Consumer Price Growth Matches Estimates In June

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.

RTTNews | 3s 3 dakika önce

German Unemployment Rises In July

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.

RTTNews | 3s 45 dakika önce

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.

RTTNews | 3s 53 dakika önce

U.S. Consumer Prices Increase In Line With Estimates In June

U.S. Consumer Prices Increase In Line With Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June.

RTTNews | 4s 36 dakika önce

Bay Street Looks Headed For Positive Start

Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.

RTTNews | 4s 40 dakika önce

U.S. Weekly Jobless Claims Inch Up Less Than Expected

U.S. Weekly Jobless Claims Inch Up Less Than Expected

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday.

RTTNews | 4s 46 dakika önce

FTSE 100 Modestly Higher; Rolls-Royce Holdings, Rentokil Shares Soar

FTSE 100 Modestly Higher; Rolls-Royce Holdings, Rentokil Shares Soar

The UK stock market is up in positive territory Thursday afternoon, riding on some strong earnings and guidance updates from big name companies. Investors are also reacting to the latest developments on the tariff front.

RTTNews | 5s 14 dakika önce

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