Swiss Market Ends Lower Again
(RTTNews) - Despite spending much of the day's session in positive territory, the Switzerland market ended marginally down on Tuesday as a few frontline stocks drifted lower on selling pressure in the closing minutes.
The benchmark SMI, which climbed to 11,124.14 in early trades, ended the session with a loss of 19.61 points or 0.18% at 11,073.48.
On Monday, the SMI settled at 11,093.09, down 13.15 points or 0.12%, snapping a five-day winning streak.
Sika ended lower by about 3%. ABB ended 1.3% down, while Geberit and Nestle lost 0.8% and 0.71%, respectively. Givaudan, Holcim and Richemont also ended weak.
Sonova climbed about 1.3%. Swiss Re gained nearly 1%, while Zurich InsuranceGroup, Credit Suisse, Logitech and Swiss Life Holding ended higher by 0.7 to 0.9%.
In the Mid Price Index, Zur Rose, Clariant and AMS ended lower by about 3.25%, 3% and 2.7%, respectively.
Adecco, Barry Callebaut, Julius Baer, Dufry and Belimo Holding also closed weak.
Helvetia climbed nearly 1.5%. Baloise Holding, PSP Swiss Property, Bachem Holding and Galenica Sante gained 0.6 to 1%.
Indian Shares Modestly Higher In Cautious Trade
Australian Market Slightly Trims Early Gains In Mid-market
Asian Markets Trade Mostly Higher
Indian Shares Seen Flat To Higher At Open
Continued Consolidation Called For Thai Stock Market
Lower Open Expected For Indonesia Bourse
Japanese Market Modestly Lower
