Swiss Market Ends On Firm Note

RTTNews | 16 ngày trước
Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland market closed on a firm note on Thursday, in line with markets across Europe, as investors picked up stocks, looking past concerns about Mid East tensions and any potential adverse geopolitical impact of Donald Trump's return to power as U.S. President.

Investors digested the Bank of England's interest rate decision, and looked ahead to the Federal Reserve's monetary policy announcement.

The benchmark SMI closed up 69.71 points or 0.59% at 11,917.00, after scaling a low of 11,855.47 and a high of 11,990.69 intraday.

Swiss Re rallied about 7.25%. The company expects a group net income of $2.2 billion in the first nine months of the year and $100 million for the third quarter.

Logitech International climbed 3.56%. Sika, Schindler Ps, Richemont, Lonza Group and Holcim closed higher by 1.9 to 2.4%.

Straumann Holding, Geberit, VAT Group, Alcon, Swatch Group, Kuehne + Nagel, Adecco, Roche Holding, Partners Group, Julius Baer and SIG Group gained 0.4 to 1.3%.

Novartis, Sonova and Givaudan closed down 0.81%, 0.71% and 0.41%, respectively.

Data released by Swiss National Bank said the bank's foreign exchange reserves rose to CHF 718.829 billion in October, the most since April, following an upwardly revised CHF 715.699 billion in September.

read more
TSX Closes At New Record High

TSX Closes At New Record High

The Canadian market closed modestly higher on Friday, lifted by gains in industrials and energy stocks. Positive reaction to the nation's retails data and the recent announcement of a mini stimulus package contributed to the upside.
RTTNews | 1 ngày trước
Swiss Stocks Close On Strong Note

Swiss Stocks Close On Strong Note

Swiss stocks closed on a bright note on Friday, in line with markets across Europe, as weak manufacturing and services sector data from major European countries such as the U.K., Germany and France raised hopes that central banks will cut interest rates further to help revive growth.
RTTNews | 1 ngày trước
Canadian Market Modestly Higher In Cautious Trade

Canadian Market Modestly Higher In Cautious Trade

The Canadian market is modestly higher a little past noon on Friday with stocks turning in a mixed performance in cautious trade. Investors are digesting the latest economic data from Canada and the U.S., while continuing to follow the developments on the geopolitical front.
RTTNews | 1 ngày trước
U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

Consumer sentiment in the U.S. improved less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of 73.0.
RTTNews | 2 ngày trước
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

The Canadian market may open higher on Friday, with materials shares finding some support on firm metal prices. Investors will also be reacting to Canadian retails sales data and U.S. producer prices report.
RTTNews | 2 ngày trước
Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
RTTNews | 2 ngày trước