Swiss Market Ends Marginally Down After Choppy Session
(RTTNews) - The Switzerland stock market ended marginally down on Monday after a choppy session, with investors largely making cautious moves amid geopolitical crisis in the Middle East, and lingering concerns about the outlook for interest rates.
The benchmark SMI ended with a loss of 15.35 points or 0.14% at 10,822.24, after scaling a low of 10,764.46 and a high of 10,880.27 intraday.
Richemont dropped 2.88%. ABB and Sika declined 2.11% and 2.06%, respectively. Holcim ended 1.51% down, and Partners Group closed lower by 1.41%.
Alcon and Logitech both shed about 1.2%. Geberit and UBS Group also ended notably lower.
Roche Holding and Nestle both gained 1.1%. Swisscom, Swiss Re and Zurich Insurance Group posted moderate gains.
In the Mid Price Index, AMS drifted down 5.69% and Meyer Burger Tech lost 4.4%. VAT Group, Clariant and Dufry lost 2.8 to 3.1%.
Temenos Group, Belimo Holding, Tecan Group, Georg Fischer, Flughafen Zurich, Schindler, Lindt & Spruengli and Ems Chemie Holding lost 1.1 to 2.1%.
Galenica Sante, Sandoz, PSP Swiss Property and Swiss Prime Site ended notably higher.
U.S. Dollar Falls Against Majors
TSX Modestly Higher As Financials, Mining Stocks Move Up
Swiss Market Settles Weak
European Stocks Close Lower On Political Concerns, Tariff Worries
U.S. Consumer Confidence Index Edges Lower In August
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected
Bay Street May Open On Weak Note
