Swiss Market Ends On Firm Note
(RTTNews) - The Switzerland market stayed positive on Wednesday save for a few minutes at the start and a very brief while around mid morning, as the undertone remained firm amid optimism about interest rate cuts by several central banks, including the Federal Reserve.
The benchmark SMI ended up by 73 points or 0.6% at 12,333.93, after scaling a low of 12,208.58 and a high of 12,357.61 intraday.
Roche Holding climbed about 5.8%. The company announced that a new weight-loss pill under development achieved positive results in an early stage clinical trial.
Swatch Group gained nearly 2.5%, and Nestle ended 1.1% up.
SIG Group and Straumann Holding ended higher by 0.82% and 0.61%, respectively. Swisscom ended modestly higher.
VAT Group ended down 5.27%. Logitech International ended lower by 2.39%. Givaudan, Partners Group, Richemont, Julius Baer, Sonova, UBS Group, Kuehne + Nagel and ABB lost 1 to 1.8%. Lonza Group, SGS, Holcim and Swiss Re also closed weak.
Sensex, Nifty Open Lower With Earnings In Focus
Asian Markets Trade Mostly Lower
Sensex, Nifty Likely To Follow Asian Peers Lower
Japanese Market Significantly Higher
Steady Start Eyed For Thai Stock Market
Indonesia Stock Market Due For Support On Wednesday
Australian Market Modestly Lower
