Swiss Market Ends On Buoyant Note
(RTTNews) - The Switzerland stock market ended on a buoyant note on Friday, tracking positive global cues.
The passage of the debt ceiling bill in the U.S., and easing worries about interest rates after some Fed officials suggested a pause in policy tightening, helped underpin sentiment.
The benchmark SMI ended with a gain of 147.07 points or 1.3% at 11,443.35, near the day's high.
Sika rallied 2.81%. UBS Group, Credit Suisse, Richemont and Geberit ended higher by 2.1 to 2.5%.
Partners Group and Lonza Group both gained nearly 2%. Holcim, Swiss Life Holding, Novartis, Sonova, ABB, Alcon and Roche Holding climbed 1 to 1.7%.
Swisscom declined 1.22%, and Logitech ended 0.55% down.
In the Mid Price Index, DocMorris surged 4.12%. Adecco, AMS, Belimo Holding, Schindler Holding, Schindler Ps and PSP Swiss Property gained 3 to 3.9%.
SGS, Swatch Group, Georg Fischer, Kuehne & Nagel, Julius Baer and Ems Chemie Holding moved up 2 to 2.8%.
Clariant and SIG Combibloc both shed about 0.75%. Flughafen Zurich and Barry Callebaut declined marginally.
Swiss Market Closes On Bright Note
European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High
U.S. Job Openings Fall To Ten-Month Low In July
U.S. Factory Orders Slump Roughly In Line With Estimates In July
Eurozone Private Sector Growth At 1-Year High
Bay Street Likely To Open On Mixed Note
