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Swiss Market Ends Flat

RTTNews | 605天前

Swiss Market Ends Flat

(RTTNews) - The Switzerland stock market ended flat on Monday after spending much of the day's session in negative territory in cautious trade.

The benchmark SMI, which spent not more than a few minutes in positive territory during the session, ended with a marginal gain of 2.90 points or 0.03% at 10,740.27. The index touched a low of 10,699.62 and a high of 10,747.72.

Richemont gained about 1.1%. Swiss Re advanced nearly 1%. Alcon, Sonova, Lonza Group, Givaudan, Kuehne & Nagel, UBS Group and Logitech International advanced 0.5 to 0.85%.

Swiss Life Holding declined 1.11%. Nestle ended 0.71% down. ABB and Partners Group ended modestly lower.

In the Mid Price Index, Julius Baer tanked 12% after lowering profit expectations.

AMS ended nearly 5% down. SIG Combibloc ended lower by 1.05% and Barry Callebaut drifted down 0.8%.

Sandoz rallied about 2.75%. Belimo Holding surged 1.8%. Temenos Group, Swatch Group, Swiss Prime Site, BKW and Straumann Holding posted moderate gains.

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Philly Fed Index Surges To Five-Month High In July

Philly Fed Index Surges To Five-Month High In July

The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July. The Philly Fed said its diffusion index for current general activity surged to a positive 15.9 in July from a negative 4.0 in June, with a positive reading indicating growth.

RTTNews | 12分钟前

U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices crept up by 0.1 percent in June after falling by a revised 0.4 percent in May.

RTTNews | 29分钟前

U.S. Retail Sales Rebound Much More Than Expected In June

U.S. Retail Sales Rebound Much More Than Expected In June

Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales climbed by 0.6 percent in June after slumping by 0.9 percent in May. Economists had expected retail sales to inch up by 0.1 percent.

RTTNews | 39分钟前

U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000. Economists had expected jobless claims to rise to 235,000.

RTTNews | 45分钟前

Bay Street Likely To See Lackluster Start

Bay Street Likely To See Lackluster Start

Subdued U.S. and Canadian futures point to a lackluster start for the Canadian shares on Thursday. Weak gold and silver prices are likely to weigh on materials stocks. Energy stocks may find some support and limit market's downside.

RTTNews | 1小时31分钟前

Philly Fed Index Surges Much More Than Expected In July

Philly Fed Index Surges Much More Than Expected In July

The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July.

RTTNews | 1小时51分钟前

U.S. Import Prices Inch Up Less Than Expected In June

U.S. Import Prices Inch Up Less Than Expected In June

Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday.

RTTNews | 1小时54分钟前

U.S. Retail Sales Climb 0.6% In June, Much More Than Expected

U.S. Retail Sales Climb 0.6% In June, Much More Than Expected

Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday.

RTTNews | 1小时57分钟前

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