Advertisement
Swiss Market Ends Lower Again
(RTTNews) - The Switzerland stock market ended on a weak note on Tuesday, extending recent losses, as inflation and growth worries, and looming rate hikes continued to hurt sentiment.
The benchmark SMI, which dropped to 10,122.51 a little before noon, ended the session with a loss of 54.69 points or 0.53% at 10,207.83.
Givaudan, down 6.8%, was the biggest loser in the SMI index. Sonova, Holcim, Partners Group, Sika and Alcon ended lower by 1.6 to 2.2%.
UBS Group, Swiss Life Holding, Swiss Re, Richemont and Geberit also ended notably lower.
Credit Suisse and Roche Holding advanced 0.76% and 0.53%, respectively. Novartis gained about 0.25%.
In the Mid Price Index, AMS, Kuehne & Nagel, VAT Group, Ems Chemie Holding and Swatch Group lost 2.5 to 3.2%. Flughafen Zurich, Temenos Group, Julius Baer and SIG Combibloc also declined sharply.
Galenica Sante, Roche Holding and Bachem Holding gained 1 to 1.4%. Lindt & Spruengli and PSP Swiss Property posted modest gains.
UK Stocks Turning In Mixed Performance; FTSE 100 Up Marginally At Noon
Yen Falls Against Majors
CAC 40 Up Over 0.5% As Stocks Move Higher On Results, Easing Trade Tensions
Australian Dollar Rises On CPI Data
Sensex, Nifty End Choppy Session Marginally Lower
DAX Extending Gains To 7th Session
European Shares Rise On Trade Deal Hopes
