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Swiss Market Ends Moderately Lower

RTTNews | 62天前

Swiss Market Ends Moderately Lower

(RTTNews) - The Switzerland market ended on a weak note on Thursday after staying well below the flat line right through the day's session, as U.S. President Donald Trump confirmed 25% tariffs on autos and auto components imported into America, effective next week.

Trump also threatened in a Truth Social post early this morning that he would impose far larger tariffs than currently planned "if the European Union works with Canada in order to do economic harm to the USA."

The Swiss benchmark SMI closed down 86.57 points or 0.67% at 12,867.23, the day's high. The index touched a low of 12,738.01 in early trades.

Schindler Ps and UBS Group lost 4.3% and 4.1%, respectively. Holcim ended lower by 3.05%, while Sika, Roche Holding, VAT Group and Logitech International ended down 2.5 to 3%.

Julius Baer, Partners Group, Sonova, Richemont, Straumann Holding, ABB and Swatch Group also closed notably lower.

Alcon climbed 5.2%. Novartis gained 1.1%, while Kuehne + Nagel, Sandoz Group, SGS, Geberit, Nestle, Adecco and Givaudan ended higher by 0.5 to 1%.

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Singapore Bourse May Run Out Of Steam On Thursday

Singapore Bourse May Run Out Of Steam On Thursday

The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.

RTTNews | 38分钟前

Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.

RTTNews | 1小时8分钟前

Japan Stock Market May Extend Wednesday's Losses

Japan Stock Market May Extend Wednesday's Losses

The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.

RTTNews | 1小时23分钟前

KOSPI Likely To Remain Rangebound

KOSPI Likely To Remain Rangebound

The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.

RTTNews | 1小时38分钟前

Korea Rate Decision Due On Thursday

Korea Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.

RTTNews | 2小时38分钟前

Euro Falls Against Most Majors

Euro Falls Against Most Majors

The euro fell against its most major counterparts in the New York session on Wednesday.

RTTNews | 3小时59分钟前

Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.

RTTNews | 7小时20分钟前

European Stocks Fail To Hold Early Gains, Close Broadly Lower

European Stocks Fail To Hold Early Gains, Close Broadly Lower

Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.

RTTNews | 7小时50分钟前

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