Swiss Market Ends Modestly Lower

RTTNews | 920天前
Swiss Market Ends Modestly Lower

(RTTNews) - The Switzerland stock market recovered after a sluggish start on Friday, but after staying positive till a little past mid afternoon, slipped into negative territory to eventually end the session modestly lower.

The mood was cautious amid concerns about the impact of interest rate hikes on global economic growth.

The benchmark SMI ended the session with a loss of 24.06 points or 0.23% at 10,451.31. The index touched a low of 10,424.81 and a high of 10,592.12 in the session.

ABB declined 2.5%. Richemont and Givaudan both ended nearly 2% down. SGS ended 1.4% lower, while Holcim and Zurich Insurance Group both ended lower by nearly 1%.

Credit Suisse, Lonza Group and Logitech gained 1.9 to 2.03%. Partners Group, Alcon and Geberit moved up 1.7%, 1.6% and 1.3%, respectively.

In the Mid Price Index, Swatch Group, Sonova, Ems Chemie Holding and Kuehne & Nagel lost 1.2 to 2%.

BB Biotech rallied 5.7%, Temenos Group gained 4.25% and Zur Rose advanced nearly 4%. AMS and Straumann Holding surged up 3.1% and 2.5%, respectively. Georg Fischer, Dufry, SIG Combibloc and Galenica Sante were among the other prominent gainers.

read more
U.S. Dollar Gains Against Majors

U.S. Dollar Gains Against Majors

The U.S. dollar rose against its major counterparts in the New York session on Monday, after the passing of a crucial funding bill that helped avert a year-end government shutdown.
RTTNews | 5小时3分钟前
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 Monday, recovering from early weakness, thanks to strong gains in some healthcare, technology and energy stocks. Investors are largely making cautious moves, digesting the nation's GDP and producer prices data.
RTTNews | 5小时6分钟前
U.S. New Home Sales Show Significant Rebound In November

U.S. New Home Sales Show Significant Rebound In November

After reporting a sharp pullback by new home sales in the U.S. in the previous month, the Commerce Department released a report on Monday showing a significant rebound by new home sales in the month of November. The Commerce Department said new home sales surged by 5.9 percent to an annual rate of 664,000 in November after plunging by 14.8 percent to a revised rate of 627,000 in October.
RTTNews | 6小时57分钟前
U.S. Consumer Confidence Unexpectedly Deteriorates In December

U.S. Consumer Confidence Unexpectedly Deteriorates In December

Consumer confidence in the U.S. has unexpectedly deteriorated in the month of December, according to a report released by the Conference Board on Monday. The Conference Board said its consumer confidence index tumbled to 104.7 in December from an upwardly revised 112.8 in November.
RTTNews | 6小时59分钟前
U.S. Durable Goods Orders Pull Back More Than Expected In November

U.S. Durable Goods Orders Pull Back More Than Expected In November

New orders for U.S. manufactured durable goods slumped by much more than expected in the month of November, according to a report released by the Commerce Department on Monday. The report said durable goods orders tumbled by 1.1 percent in November after climbing by an upwardly revised 0.8 percent in October.
RTTNews | 7小时10分钟前
FSIS Announces Recalls Of Pork, Beef Products

FSIS Announces Recalls Of Pork, Beef Products

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has announced various recalls of ready-to-eat or RTE pork and beef bologna products, as well as raw pork sausage products. Perkins, Oklahoma-based Ralph's Packing Co. is recalling around 3,132 pounds of RTE pork and beef bologna products citing misbranding and undeclared milk, a known allergen.
RTTNews | 9小时7分钟前