Swiss Market Ends On Firm Note
(RTTNews) - Despite a mid-session setback, the Switzerland market ended on a firm note on Tuesday as stocks found some support in late afternoon trades.
The benchmark SMI ended with a gain of 54.43 points or 0.46% at 11,928.14. The index touched a low of 11,800.85 and a high of 11,933.42 in the session.
Sonova climbed about 1.7%, and Sandoz gained 1.34%, while Logitech International, UBS Group, ABB and SGS ended higher by 1 to 1.2%.
Roche Holding, Swatch Group, Lonza Group and Julius Baer gained nearly 1%. Partners Group, Lindt & Spruengli, VAT Group, Roche GS and Zurich Insurance also ended notably higher.
Shares of Swissquote Group climbed higher after the banking group reported a 19.% jump in first-half revenue.
Shares of Tecan Group tumbled more than 16% on weak results. The company reported a 57.8% drop in net profit to 22.5 million francs in the first half. Sales dropped 13.7% to 467.2 million francs in the first half.
Straumann Holding ended down 1.25%. Givaudan, Holcim and Kuehne + Nagel also edged lower.
TSX Continues To Climb Higher, Extends Winning Streak To 9th Straight Day
Dollar Loses Ground Against Major Counterparts
Swiss Market Ends Marginally Up
European Stocks Fail To Hold Early Gains, Close Flat
Pound Higher After Strong U.K. PMI Data
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January
Eurozone Private Sector Grows In January
