Swiss Market Ends Modestly Lower
(RTTNews) - After a weak start, the Switzerland market emerged into positive territory around noon on Monday, but suffered a setback past mid afternoon and ended the day's session on a negative note.
The benchmark SMI, which advanced to 11,524.36, ended with a loss of 43.88 points or 0.38% at 11,452.88.
Roche Holding and Swiss Life Holding both ended down 1.4%. Geberit, Nestle, Sika and Sonova lost 0.9 to 1.1%.
Swisscom, SwissRe, Lonza Group and Richemont ended modestly lower.
Partners Group, Holcim, UBS Group and Kuehne & Nagel gained 1 to 1.25%. Givaudan, Logitech International and Zurich Insurance Group posted moderate gains.
In the Mid Price Index, BKW dropped 3.79%. Tecan Group ended nearly 3% down, and Barry Callebaut settled lower by 2.2%.
SIG Combibloc, SGS, Clariant, Lindt & Spruengli, Schindler Holding, Julius Baer, PSP Swiss Property and Schindler Ps lost 1 to 2%.
Meyer Burger Tech soared more than 11%. ams OSRAM AG rallied 3.3%, while Straumann Holding, Temenos Group and Georg Fischer gained 0.75 to 1%.
U.S. Economy Surges More Than Previously Estimated In Q2
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
Switzerland Logs Weaker Growth, Trims 2026 Outlook
U.S. GDP Jumps More Than Previously Estimated In Q2
U.S. Weekly Jobless Claims Edge Down To 229,000
FTSE 100 Down 0.4% In Cautious Trade
CAC Up Slightly; Pernod Ricard Rises On Earnings
