Swiss Market Ends On Strong Note

RTTNews | 10h 24min ago
Stocktwits
Swiss Market Ends On Strong Note

(RTTNews) - After opening marginally up, the Switzerland market gained in strength as the day progressed on Monday, thanks to sustained buying at several counters, amid optimism about more monetary easing by central banks.

The Swiss National Bank's monetary policy meeting is scheduled to take place on Thursday (March 20). The Federal Reserve, the Bank of Japan and the Bank of England are also scheduled to announce their rate decisions this week.

The benchmark SMI ended the day's session with a strong gain of 141.31 points or 1.09% at 13,058.12, slightly off the day's high of 13,064.98.

Novartis, VAT Group and Lonza Group gained 2.1 to 2.34%. UBS Group advanced nearly 2%.

Roche Holding gained 1.73% and Sandos Group climbed 1.59%, while SGS, Adecco, Swiss Life Holding and Nestle closed higher by about 1.2%.

Lindt & Spruengli, ABB, Swiss Re, Alcon, Holcim, Straumann Holding. Zurich Insurance, Kuehne + Nagel and Sonova also ended on firm note.

Richemont ended down 1.65%. Swatch Group lost nearly 1%, while Geberit ended 0.65% down. Logitech International, Sika and Julius Baer closed modestly lower.

Stocktwits
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Singapore Stocks Tipped To Open In The Green

Singapore Stocks Tipped To Open In The Green

The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had added almost a dozen points or 0.3 percent. The Straits Time Index now sits just beneath the 3,860-point plateau and it may see additional support on Tuesday.
RTTNews | 4h 26min ago
Win Streak May Continue For Japan Stock Market

Win Streak May Continue For Japan Stock Market

The Japanese stock market has moved higher in back-to-back sessions, collecting more than 600 points or 1.6 percent along the way. The Nikkei 225 now rests just beneath the 37,400-point plateau and it may extend its gains on Tuesday.
RTTNews | 4h 56min ago
South Korea Bourse May Extend Monday's Gains

South Korea Bourse May Extend Monday's Gains

The South Korea stock market on Monday snapped the two-day losing streak in which it had slipped almost 10 points or 0.4 percent. The KOSPI now sits just above the 2,610-point plateau and it may add to its winnings on Tuesday.
RTTNews | 5h 26min ago
South Korea Trade Data Due On Tuesday

South Korea Trade Data Due On Tuesday

South Korea will on Tuesday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 6h 26min ago
Dollar Drifts Lower Against Major Counterparts

Dollar Drifts Lower Against Major Counterparts

The U.S. dollar shed ground against its major counterparts on Monday, weighed down by largely disappointing economic data, including a report showing a less than expected increase in retail sales in the month of February.
RTTNews | 7h 17min ago
TSX Ends Nearly 1% Up; Metal, Energy Stocks Rally

TSX Ends Nearly 1% Up; Metal, Energy Stocks Rally

Canadian stocks turned in a fine performance on Monday as investors looked past concerns about trade war, and chose to focus on upcoming central bank meetings and economic data.
RTTNews | 7h 44min ago
Canadian Market Stays Firm, Set To End On Strong Note

Canadian Market Stays Firm, Set To End On Strong Note

The Canadian market is up firmly in positive territory Monday afternoon and looks well on course to the day's session on a bright note. Energy, materials and real estate stocks are among the prominent gainers.
RTTNews | 9h 24min ago
U.S. Dollar Lower After Soft Retail Sales Data

U.S. Dollar Lower After Soft Retail Sales Data

The U.S. dollar fell against its most major counterparts in the New York session on Monday, following the release of weak retail sales data that boosted Fed rate cut expectations.
RTTNews | 9h 44min ago
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