Swiss Market Ends Moderately Higher

RTTNews | 230天前
Swiss Market Ends Moderately Higher

(RTTNews) - Despite struggling for direction early on in the session, Swiss stocks gained in strength past noon on Thursday and eventually closed the day's session on a firm note.

The mood remained cautious on concerns about U.S. President Donald Trump's tariff threats.

In Davos, Trump reaffirmed his earlier promises of tax cuts, tariffs on trading partners, and increased energy production. He also urged the Federal Reserve and other major central bank to cut interest rates.

The benchmark SMI closed up 57.51 points or 0.47% at 12,265.40, the day's high, after having eased to 12,182.88 around mid morning.

Logitech International climbed nearly 3%. Partners Group and Schindler Ps, both gained about 1.65%. Sandoz Group gained 1.3% following a rating upgrade by Baader Europe.

Richemont and SIG Group gained 1.2 and 1%, respectively. Kuehne + Nagel, Holcim, Julius Baer, Nestle, Lindt & Spruengli, Novartis, Swiss Re, Lonza Group, UBS Group and Zurich Insurance advanced 0.4 to 1%.

VAT Group closed 2.34% down. Sonova drifted down by about 1.2%, while Adecco, Alcon and Geberit ended lower by 0.4 to 0.7%.

read more
Soft Start Expected For Thai Stock Market

Soft Start Expected For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
RTTNews | 29分钟前
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,200 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | 45分钟前
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | 59分钟前
Win Streak May End For Hong Kong Stock Market

Win Streak May End For Hong Kong Stock Market

The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
RTTNews | 1小时14分钟前
China Stock Market May Spin Its Wheels On Thursday

China Stock Market May Spin Its Wheels On Thursday

The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
RTTNews | 1小时29分钟前
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be a tad above the 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 1小时29分钟前
Taiwan Stock Market May Run Out Of Steam On Thursday

Taiwan Stock Market May Run Out Of Steam On Thursday

The Taiwan stock market has tracked higher in six straight sessions, collecting more than 1,170 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 25,200-point plateau although it's overdue for profit taking on Thursday.
RTTNews | 1小时59分钟前