Swiss Market Ends On Firm Note

RTTNews | 874 dagar sedan
Stocktwits
Swiss Market Ends On Firm Note

(RTTNews) - The Switzerland market shrugged off a sluggish start and moved higher on Friday as news about loosening of Covid restrictions in China helped outweigh concerns about economic slowdown and prompted investors to pick up some stocks.

The benchmark SMI, which edged down to 10,980.80 in early trades, ended the session with a gain of 63.77 points or 0.58% at 11,068.30. The index climbed to a high of 11,101.33 intraday.

Credit Suisse rallied 6.76% after the Swiss lender announced it has raised 2.24 billion Swiss francs ($2.39 billion) as part of a 4-billion-franc cash call.

Sika surged nearly 3%. Geberit, Givaudan, Partners Group, Logitech and ABB gained 1.4 to 2%.

Sonova, Swiss Life Holding, UBS Group, Holcim, Swiss Re and Swisscom gained 0.5 to 1%.

In the Mid Price index, Lindt & Spruengli surged nearly 3%. Clariant, Belimo Holding, Galenica Sante, Swatch Group, VAT Group, Schindler Ps, SIG Combibloc, Ems Chemie Holding and Georg Fischer gained 2 to 2.5%.

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Singapore Bourse May Extend Wednesday's Gains

Singapore Bourse May Extend Wednesday's Gains

Ahead of Thursday's Labor Day holiday, the Singapore stock market had ended the four-day losing streak in which it had slumped more than 25 points or 0.7 percent. The Straits Times Index now sits just above the 3,830-point plateau and it's likely to open to the upside again on Friday.
RTTNews | 18 minuter sedan
Japan Jobless Rate Ticks Up To 2.5% In March

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The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews | 23 minuter sedan
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New Zealand Building Consents Climb 9.6% In March

New Zealand Building Consents Climb 9.6% In March

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Australia Data Due On Friday

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RTTNews | 2h 18minuter sedan
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