Swiss Market Ends Notably Higher

RTTNews | 923天前
Swiss Market Ends Notably Higher

(RTTNews) - After staying somewhat subdued till noon, the Switzerland market gained in strength on Monday as stocks from across several sectors moved higher on strong buying support.

The mood was fairly bullish this afternoon with investors shrugging off concerns about interest rates and focusing on earnings updates.

The benchmark SMI ended with a gain of 111.25 points or 0.98% at 11,406.27.

Logitech rallied 3.33%. Sika climbed 2.75%, while Lonza Group, Credit Suisse, Richemont, Geberit, Alcon, Partners Group, ABB and Sonova gained 1.5 to 2.3%.

Novartis, Nestle and Holcim ended higher by 1.15%, 1.2% and nearly 1%, respectively.

Givaudan ended nearly 1% down. Zurich Insurance Group ended 0.6% down, while Swiss Re and Swiss Life Holding edged down marginally.

In the Mid Price Index, Bachem Holding, AMS and VAT Group gained 3.8 to 4%. Belimo Holding and Temenos Group, both ended higher by about 2.7%, while Straumann Holding gained about 2.4%.

Adecco, Tecan Group, Lindt & Spruengli N, Ems Chemie Holding, Georg Fischer, SIG Combibloc, Schindler Ps, Schindler Holding and Kuehne & Nagel also ended with strong gains.

read more
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday.
RTTNews | 1小时16分钟前
European Economic News Preview: Eurozone Sentix Investor Confidence Due

European Economic News Preview: Eurozone Sentix Investor Confidence Due

Investor confidence from the euro area and unemployment from Spain are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss inflation data for July. Economists forecast consumer prices to rise 0.1 percent year-on-year, the same rate of increase as seen in June.
RTTNews | 2小时11分钟前
European Shares Seen Tad Higher At Open

European Shares Seen Tad Higher At Open

European stocks may open on a positive note Monday as investors keep an eye on the latest batch of earnings and watch further developments on the tariff front.
RTTNews | 2小时28分钟前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in choppy mid-market trading on Monday, also adding to the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | 4小时26分钟前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the negative cues from Wall Street on Friday, amid concerns about the economic impact of US President Donald Trump's unilateral "reciprocal tariffs" and aggressive trade stance on the global economy. However, the weaker than expected US monthly jobs data increased optimism about a potential interest rate cut by the US Fed in September.
RTTNews | 5小时7分钟前
Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | 6小时9分钟前