Swiss Market Ends Moderately Higher

RTTNews | 616 hari yang lalu
Swiss Market Ends Moderately Higher

(RTTNews) - Despite struggling for direction early on in the session, Swiss stocks gained in strength past noon on Thursday and eventually closed the day's session on a firm note.

The mood remained cautious on concerns about U.S. President Donald Trump's tariff threats.

In Davos, Trump reaffirmed his earlier promises of tax cuts, tariffs on trading partners, and increased energy production. He also urged the Federal Reserve and other major central bank to cut interest rates.

The benchmark SMI closed up 57.51 points or 0.47% at 12,265.40, the day's high, after having eased to 12,182.88 around mid morning.

Logitech International climbed nearly 3%. Partners Group and Schindler Ps, both gained about 1.65%. Sandoz Group gained 1.3% following a rating upgrade by Baader Europe.

Richemont and SIG Group gained 1.2 and 1%, respectively. Kuehne + Nagel, Holcim, Julius Baer, Nestle, Lindt & Spruengli, Novartis, Swiss Re, Lonza Group, UBS Group and Zurich Insurance advanced 0.4 to 1%.

VAT Group closed 2.34% down. Sonova drifted down by about 1.2%, while Adecco, Alcon and Geberit ended lower by 0.4 to 0.7%.

baca selengkapnya
Swiss Market Ends Sharply Lower

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Thursday, like most of the markets across Europe, as higher bond yields and rising oil prices continued to hurt sentiment, prompting investors to exit counters. Data showing an acceleration in Swiss consumer price inflation in September hurt as well.
RTTNews | 2 jam 23 menit yang lalu
European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European equities declined sharply Thursday amid rising oil prices and bond yields. The FTSE 100 fell 1.68%, DAX dropped over 1%, and CAC 40 lost 1.6%. Brent crude climbed to $101.50, up 3.5%. Regional inflation concerns raised monetary tightening prospects.
RTTNews | 2 jam 49 menit yang lalu
U.S. Construction Spending Unexpectedly Increases In August

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.
RTTNews | 5 jam 24 menit yang lalu
U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.
RTTNews | 5 jam 31 menit yang lalu
U.S. Jobless Claims Unexpectedly Edge Down To 197,000

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.
RTTNews | 7 jam 2 menit yang lalu
Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.
RTTNews | 7 jam 5 menit yang lalu
Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.
RTTNews | 7 jam 15 menit yang lalu