Swiss Market Give Up Early Gains, Settles Flat

RTTNews | 658 ngày trước
Swiss Market Give Up Early Gains, Settles Flat

(RTTNews) - The Switzerland stock market started off on a firm note on Thursday, and despite staying firm till more than an hour past noon, gradually pared gains and eventually ended the day's session just marginally up.

Upbeat earnings update from U.S. chipmaker Nvidia and easing concerns about interest rates contributed to market's strong start. The mood turned cautious later on in the session with investors looking ahead to the Jackson Hole Symposium in Wyoming on Friday.

The benchmark SMI, which climbed to 11,054.89 in early trades, ended the day with a small gain of 3.19 points or 0.03% at 10,976.83.

Sika drifted down 2.15%. Logitech shed 1.37%, while Roche Holding ended nearly 1% down.

Kuehne & Nagel, Holcim, Novartis and Lonza Group lost 0.5 to 0.75%.

UBS Group shares surged nearly 3%. Credit Suisse, now part of UBS Group, said it has dropped its plan for initial public offering of real-estate fund citing low trading volumes for listed Swiss real-estate funds.

Givaudan climbed 1.43%. Nestle advanced nearly 1%. Sonova, Richemont, Swiss Life Holding and Swiss Re posted modest gains.

In the Mid Price Index, AMS ended 2.1% down, and VAT Group lost nearly 2%. Dufry and Temenos Group ended lower by 1.47% and 1.31%, respectively.

Adecco, Georg Fischer, SGS, Schindler Holding and Schindler Ps lost 0.67 to 1%.

DocMorris surged 3.1%. Baloise Holding, Lindt & Spruengli, Clariant, PSP Swiss Property and Helvetia gained 0.9 to 1.6%.

read more
Malaysia Stock Market May See Additional Support

Malaysia Stock Market May See Additional Support

The Malaysia stock market has ticked higher in consecutive trading days, gathering almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau and it may add to its winnings again on Friday.
RTTNews | 19 phút trước
Win Streak May Continue For South Korea Stock Market

Win Streak May Continue For South Korea Stock Market

The South Korea stock market has finished higher in seven straight sessions, collecting more than 225 points or 8.2 percent along the way. The KOSPI now rests just above the 2,920-point plateau and it's tipped to open in the green again on Friday.
RTTNews | 49 phút trước
New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

New Zealand will on Friday release May results for the manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In April, the PMI score was 53.9.
RTTNews | 1h 44phút trước
Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan stock market on Thursday ended the three-day winning streak in which it had rallied more than 810 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,290-point plateau and it may see renewed support on Friday.
RTTNews | 2h 7phút trước
Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

The Japan stock market on Thursday ended the four-day winning streak in which it had climbed more than 860 points or 2.5 percent. The Nikkei 225 now sits just beneath the 38,175-point plateau although it may bounce higher again on Friday.
RTTNews | 2h 8phút trước
U.S. Dollar Weakens After Soft PPI Data

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews | 5h 23phút trước
Canadian Market Up Slightly In Cautious Trade

Canadian Market Up Slightly In Cautious Trade

After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors. The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.
RTTNews | 7h 7phút trước
U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May. The Labor Department said its producer price index for final demand inched up by 0.1 percent after slipping by a revised 0.2 percent in April.
RTTNews | 9h 54phút trước