Swiss Market Ends Modestly Higher

RTTNews | 902 दिनों पहले
Swiss Market Ends Modestly Higher

(RTTNews) - The Switzerland stock market ended higher on Wednesday, shrugging off a mild setback that pushed it briefly into the red around mid afternoon.

The benchmark SMI, which climbed to 10,864.62 around late morning after a steady start, ended with a gain of 22.58 points or 0.21% at 10,806.23. The index touched a low of 10,766.77.

Roche Holding, Lonza Group and Swisscom gained 1 to 1.3%. Geberit climbed 0.75%, while Novartis, Zurich Insurance Group and Nestle gained 0.5 to 0.55%.

Sonova ended 3.3% down. Richemont and Credit Suisse both dropped nearly 2%. Alcon declined 1.52%.

UBS Group, Swiss Re, ABB, Holcim and Sika lost 0.5 to 0.79%.

In the Mid Price Index, AMS surged 6.75% and Bachem Holding climbed 3.6%. SIG Combibloc gained nearly 2%. Tecan Group, Dufry, Barry Callebaut and Zur Rose also closed notably higher.

Flughafen Zurich ended 3.4% down, while Lindt & Spruengli and Temenos Group ended lower by 1.3% and 1.1%, respectively.

read more
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite Purchasing Managers' survey from the euro area and the UK are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for March. The budget deficit is seen at GBP 15.4 billion compared to GBP 10.7 billion in February.
RTTNews | 24 मिनटों पहले
European Shares Set To Rise As Trade Tensions Ease

European Shares Set To Rise As Trade Tensions Ease

European stocks may open on a buoyant note Wednesday as optimism grew over a potential easing of trade tensions between the U.S. and China and U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell, helping calm investor concerns over the Fed's independence.
RTTNews | 24 मिनटों पहले
Commodity Currencies Rise Amid Hopes For US-China Trade Deal

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday, after U.S. President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.
RTTNews | 1घंटे 41 मिनट पहले
Sensex, Nifty Edge Higher; IT Stocks Take Lead

Sensex, Nifty Edge Higher; IT Stocks Take Lead

Indian shares were notably higher in early trade on Wednesday amid hopes of easing trade tensions between the world's two largest economies and as U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell.
RTTNews | 1घंटे 50 मिनट पहले
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 2घंटे 11 मिनट पहले
Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 2घंटे 16 मिनट पहले