Swiss Market Ends Higher For 3rd Straight Day

RTTNews | 919 hari yang lalu

(RTTNews) - Despite a retreat that resulted in a brief spell in negative territory around mid afternoon, the Switzerland market ended modestly higher on Thursday, with stocks finding some good support in the closing minutes of the session.

The benchmark SMI ended up by 24.72 points or 0.21% at 11,730.43, gaining for a third straight day. The index, which advanced to 11,740.68 in early trades, touched a low of 11,687.14 before recovering to end on a positive note.

Roche Holding and Logitech International gained 1.3% and 1.28%, respectively. Holcim, Lonza Group, Novartis and Richemont advanced 0.7 to 1%.

Sika, Partners Group, Kuehne & Nagel and Zurich Insurance Group posted modest gains.

UBS Group ended down by 1.81%. Sonova, Swiss Re, Swisscom and Alcon lost 0.6 to 0.72%. ABB and Nestle ended modestly lower.

In the Mid Price Index, Avolta rallied 5.3% and Sandoz climbed about 2.3%. Lindt & Spruengli, Barry Callebaut and Tecan Group gained 1.4 to 2%.

Adecco advanced 1.02%. SIG Group, Swatch Group, Ems Chemie Holding, Galenica Sante and PSP Swiss Property ended higher by 0.4 to 0.7%.

Meyer Burger Tech tanked 21%. ams OSRAM AG drifted down 4.56%, while Temenos Group and Flughafen Zurich ended lower by 1.4% and 1.1%, respectively.

In economic news, a measure signalling future turning points in the Swiss economy decreased in March, though reflecting positive prospects for the Swiss economy as the index is above its long-term average, the results of a survey by the KOF Swiss Economic Institute showed.

The economic barometer dropped to 101.5 in March from a upwardly revised 102.0 in February. Economists had forecast the index to remain stable at 102.0.

However, the index is now stabilizing above its long-term average, and the outlook for the Swiss economy therefore remains positive, the KOF said.

baca selengkapnya

Swiss Market Ends On Firm Note

Save for a few minutes at the start, the Switzerland market's benchmark index SMI stayed positive on Friday as lower oil prices and bond yields helped underpin sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.

RTTNews | 1 hari yang lalu

European Markets Recover From Multi-month Lows, Close On Positive Note

A day after falling to multi-month lows, European markets rebounded fairly strongly on Friday as oil prices fell sharply and bond yields dropped, easing concerns about inflation and interest rates a bit.

RTTNews | 1 hari yang lalu

Canadian Market Remains Firmly Up In Positive Territory

The Canadian market is up firmly in positive territory around noon on Friday thanks to weak oil prices and lower bond yields aiding sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.

RTTNews | 1 hari yang lalu

U.S. Factory Orders Inch Up In Line With Estimates In August

A report released by the Commerce Department on Friday showed a slight uptick in new orders for U.S. manufactured goods in the month of August. The Commerce Department said factory orders crept up by 0.1 percent in August after climbing by a downwardly revised 0.8 percent in July.

RTTNews | 1 hari yang lalu

U.S. Employment Rises By 29,000 Jobs In September, Much Less Than Expected

The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by much less than expected in the month of September. The report said non-farm payroll employment rose by 29,000 jobs in September after jumping by a downwardly revised 133,000 jobs in August. Economists had expected employment to increase by 85,000 jobs.

RTTNews | 1 hari yang lalu

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Friday.

RTTNews | 1 hari yang lalu

Walmart Recalls Over 4.4 Mln Grill Brushes For Ingestion Risk

Retail giant Walmart Inc. is recalling around 4.478 million units of metal wire bristle grill brushes, citing risk of ingestion and internal injuries, according to the U.S. Consumer Product safety Commission or CPSC. The recall involves certain Walmart Expert Grill brushes with black plastic or stainless-steel handles. Some brushes come with metal scraper attached.

RTTNews | 1 hari yang lalu

Bay Street Headed For Positive Start

Canadian stocks look headed for a positive start on Friday with concerns about inflation and interest rates easing a bit following a sharp drop in oil prices. Bond yields have dropped as well. U.S. non-farm payroll data for the month of September is likely to make an impact on investor sentiment.

RTTNews | 1 hari yang lalu

EURUSD	1.1253	GBPUSD	1.3241
USDJPY	157.845	USDCAD	1.4248