Swiss Market Ends On Firm Note

RTTNews | 6小时4分钟前
Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland market closed on a positive note on Wednesday, staying firm right through the day's trading session.

The benchmark SMI settled with a gain of 48.67 points or 0.39% at 12,530.62, nearly 70 points off the day's high of 12,596.56.

VAT Group climbed about 4.25%. Julius Baer and Holcim gained 2.6% and 2.3%, respectively.

Roche Holding gained 1.2% after the European Commission granted conditional marketing authorization of Lunsumio subcutaneous.

Geberit ended 1.4% up, while Kuehne + Nagel, UBS Group, Sika, Straumann Holding and Galderma Group gained 1 to 1.2%.

Alcon, ABB, Lindt & Spruengli and Swiss Life Holding posted modest gains.

Logitech International ended down by 3.61%. Swiss Re and Givaudan closed lower by 1.6% and 1.2%, respectively. Partners Group, Schindler Ps and Richemont also ended weak.

read more
Japan Shares May Stop The Bleeding On Thursday

Japan Shares May Stop The Bleeding On Thursday

The Japan stock market has finished lower in four straight sessions, shedding more than 2,710 points or 5.6 percent along the way. The Nikkei 225 now rests just above the 48,530-point plateau although it's overdue for support on Thursday.
RTTNews | 1小时18分钟前
KOSPI May Find Traction On Thursday

KOSPI May Find Traction On Thursday

The South Korea stock market has finished lower in two consecutive trading days, stumbling almost 160 points or 4 percent in that span. The KOSPI sits just beneath the 3,930-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1小时33分钟前
Hong Kong Inflation Data Due On Thursday

Hong Kong Inflation Data Due On Thursday

Hong Kong will on Thursday release October figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In September, consumer prices were up 0.1 percent on month and 1.1 percent on year.
RTTNews | 2小时3分钟前
U.S. Mortgage Applications Decline As Rates Rise: MBA

U.S. Mortgage Applications Decline As Rates Rise: MBA

Loan applications for house purchase in the U.S. decreased in the week ended November 14 as mortgage rates continued to increase, survey data from the Mortgage Bankers Association showed on Wednesday.
RTTNews | 4小时50分钟前
Fed Minutes Reveal Mixed Views About December Rate Cut

Fed Minutes Reveal Mixed Views About December Rate Cut

The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials had mixed views about the outlook for interest rates. The minutes of the Fed's October 28-29 meeting said participants expressed "strongly differing views" about what policy decision would most likely be appropriate at the central bank's next meeting on December 9-10.
RTTNews | 5小时11分钟前
TSX Moderately Higher; Technology, Materials Stocks Shine

TSX Moderately Higher; Technology, Materials Stocks Shine

The Switzerland market is up firmly in positive territory Wednesday afternoon, lifted by strong gains in technology and materials sectors. After recent losses, investors are picking up stocks, expecting the market to stabilise a bit around current levels.
RTTNews | 5小时34分钟前
Major European Markets Closed Slightly Weak

Major European Markets Closed Slightly Weak

The major European markets closed on a negative note on Wednesday, although the downside was just marginal, as stocks found some support at lower levels after having suffered notable losses in recent sessions amid concerns about AI bubble and uncertainty surrounding Fed interest rate moves, and release of some crucial U.S. economic data.
RTTNews | 6小时26分钟前
U.S. Trade Deficit Narrows In August As Imports Plunge

U.S. Trade Deficit Narrows In August As Imports Plunge

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports. The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July. Economists had expected the trade deficit to decrease to $61.0 billion.
RTTNews | 9小时31分钟前