Swiss Market Ends Modestly Higher
(RTTNews) - The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.
The benchmark SMI closed up 51.26 points or 0.41% at 12,408.03. The index dropped to a low of 12,329.90 in early trades.
Adecco climbed nearly 2.5% and Sandoz Group gained 2.22%. Novartis ended almost 2% up, while Swatch Group, Swisscom, Roche Holding and Sika gained 1.27 to 1.5%.
Holcim, Nestle, SIG Group, Geberit, ABB and Swiss Re posted moderate gains.
Shares of DocMorris zoomed nearly 14% after Polish medical products wholesaler Pelion acquired a 9.68% stake in the Swiss online pharmacy company.
UBS Group ended down 3.28%. VAT Group drifted lower by about 2.7% after lowering its 2027 sales outlook. Partners Group, Lonza Group and Straumann Holding closed down 1.8%, 1.74% and 1.1%, respectively.
Swiss Market Ends Modestly Higher
European Stocks Rise On Oil Decline, Middle East Peace Hopes
U.S. Consumer Sentiment Drops Less Than Previously Estimated In September
Bay Street Poised For Positive Open On Metal Gains
U.S. Durable Goods Orders Unexpectedly Unchanged In August
FTSE 100 Edges Higher On Mining, Banking Strength
Canadian Dollar Falls As Crude Oil Prices Slide
