Swiss Market Ends Moderately Lower
(RTTNews) - After spending a few minutes in positive territory in early trades, the Switzerland stock market faltered and stayed weak right through the day's session on Monday.
The benchmark SMI ended with a loss of 65.16 points or 0.64% at 10,072.62 after scaling a low of 10,015.37 and a high of 10,160.89 intraday.
Swiss Life Holding dropped nearly 3%. Swiss Re drifted down 2.65%. Alcon, Zurich Insurance Group and Swisscom lost around 1.5%.
Roche Holding and Lonza Group ended lower by 1.1% and 0.9%, respectively. Credit Suisse, Nestle and Novartis shed 0.5%.
Geberit advanced 0.8%. UBS Group and Richemont gained 0.5% and 0.4%, respectively. Givaudan and ABB closed marginally up.
In the Swiss Mid Price Index, PSP Swiss Property ended more than 4% down. Swiss Prime Site lost 3.25%, while Baloise Holding, Roche Holding and Helvetia declined 2 to 2.5%.
Belimo Holding climbed more than 8.5%. AMS surged 2.5%. SGS and Galenica Sante both moved up by about 1.7%. Bachem Holding, Georg Fischer and Temenos Group also closed on a firm note.
Asian Shares Rise As Nvidia Beats Expectations
U.S. Dollar Falls Amid Fed Rate Cut Speculation
Europe Car Sales Rebound In July
U.S. Dollar Falls Against Majors
European Shares Seen Higher At Open
Sensex Nifty Decline On Tariff Worries
European Economic News Preview: Eurozone Economic Sentiment Data Due
