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Swiss Market Ends On Strong Note

RTTNews | 11h 16min ago

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.

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Additional Support Predicted For Hong Kong Shares

Additional Support Predicted For Hong Kong Shares

The Hong Kong stock market has moved higher in back-to-back sessions, improving almost 500 points or 2 percent in that span. The Hang Seng Index now rests just beneath the 24,150-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 4h 4min ago

Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market has moved higher in two straight sessions, collecting almost 70 points or 2 percent along the way. The Shanghai Composite Index now sits just above the 3,425-point plateau and it may move higher again on Tuesday.

RTTNews | 4h 19min ago

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,900 level, with gains across most sectors led by energy and financial stocks.

RTTNews | 4h 24min ago

Taiwan Stock Market Expected To Open To The Upside

Taiwan Stock Market Expected To Open To The Upside

The Taiwan stock market has finished higher in two straight sessions, gathering almost 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 22,120-point plateau and it's expected to open in the green again on Tuesday.

RTTNews | 4h 49min ago

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 | 5h 19min 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 | 5h 49min 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 | 6h 19min 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 | 7h 19min ago

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