Swiss Market Ends Modestly Higher

RTTNews | 829 gün önce
Swiss Market Ends Modestly Higher

(RTTNews) - The Switzerland stock market ended modestly higher on Friday after staying positive right through the day's session, in line with markets across Europe.

Optimism about Chinese economic growth helped offset concerns about inflation and interest rates.

The benchmark SMI ended with a gain of 36.05 points or 0.32% at 11,295.02. The index touched a high of 11,320.38 intraday.

Credit Suisse, the top gainer in the SMI, rallied 3.32%. Swiss Life Holding surged about 2.6% and Partners Group gained nearly 2%.

UBS Group, Swiss Re, Zurich Insurance Group and ABB ended higher by 1.2 to 1.6%.

Sonova drifted down 2% and Lonza Group ended 1.14% down. Logitech closed nearly 1% down, while Roche Holding and Novartis settled flat.

In the Mid Price Index, Zur Rose climbed more than 5.5%. Swatch Group gained 2.16%. Schindler Holding, AMS, Schindler Ps, Adecco, Lindt & Spruengli Part, Baloise Holding, Kuehne & Nagel, Helvetia and Galenica Sante gained 1.3 to 2%.

Bachem Holding declined more than 4%. Straumann Holding ended 1.08% down, while Tecan Group eased by about 0.4%.

read more
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Higher Canadian futures point to a slightly positive start on Bay Street Tuesday morning. The victory of Mark Carney in the Canadian general election and easing concerns about U.S. tariffs may also support the market. However, weak crude oil and gold prices may weigh on sentiment and limit market's upside.
RTTNews | 36 dakika önce
Eurozone Economic Sentiment At 4-Month Low

Eurozone Economic Sentiment At 4-Month Low

Euro area economic confidence weakened more than expected to a four-month low in April largely due to the trade tariff threats, survey data from the European Commission showed on Tuesday. The economic sentiment index declined to 93.6 in April from 95.0 in the previous month. The score was forecast to fall to 94.5.
RTTNews | 1s 17 dakika önce
FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

The UK market is up in positive territory in early afternoon trades on Tuesday, extending gains to a 12th straight session. Easing concerns about U.S. tariffs contribute to the positive sentiment in the market. Investors are also digesting a slew of quarterly earnings announcements.
RTTNews | 1s 17 dakika önce
CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

French stocks are mostly subdued on Tuesday with investors making cautious moves while awaiting some key corporate earnings updates this week. The market climbed higher earlier in the session as reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars.
RTTNews | 1s 47 dakika önce
DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.
RTTNews | 2s 40 dakika önce
Spain GDP Growth Softens; Inflation Eases

Spain GDP Growth Softens; Inflation Eases

Spain's economic growth slowed marginally in the first quarter and inflation weakened in April on lower gas and electricity prices, official data showed on Tuesday. Gross domestic product expanded 0.6 percent in the first quarter, which was slightly slower than the revised 0.7 percent growth posted a quarter ago, the preliminary data from the statistical office INE showed.
RTTNews | 3s 4 dakika önce