Swiss Market Ends On Firm Note

RTTNews | 2 dias atrás
Swiss Market Ends On Firm Note

(RTTNews) - After a flat start and a subsequent sluggish spell the Switzerland market moved higher on Monday with stocks gradually gaining in strength as the day progressed.

Investors looked ahead to a slew of earnings announcements from European companies, and some crucial European and U.S. economic data, due this week.

Optimism about a de-escalation in U.S.-China trade tensions aided the market.

The benchmark SMI closed up 86.20 points or 0.72% at 12,028.25, off the day's high of 12,046.96.

Sandoz Group climbed more than 3%. Roche Holding, Lonza Group, Nestle, Geberit, Straumann Holding and Swiss Life Holding gained 1 to 1.3%.

Novartis, Adecco, Swisscom, UBS Group, Julius Baer, SIG Group, Richemont and Logitech International gained 0.5 to 1%.

SGS drifted down nearly 1%. Partners Group ended 0.63% down, while Givaudan, Lindst & Spruengli and VAT Group edged down marginally.

read more
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
RTTNews | 4 h 9 min atrás
TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
RTTNews | 5 h 22 min atrás
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
RTTNews | 5 h 32 min atrás
U.S. Pending Home Sales Unexpectedly Spike 6.1% March

U.S. Pending Home Sales Unexpectedly Spike 6.1% March

Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
RTTNews | 7 h 7 min atrás
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March. The Commerce Department said its personal consumption expenditures (PCE) price index edged down by less than a tenth of a percent in March after rising by an upwardly revised 0.4 percent in February.
RTTNews | 7 h 10 min atrás