Swiss Market Ends On Bright Note

RTTNews | 514 hari yang lalu
Swiss Market Ends On Bright Note

(RTTNews) - The Switzerland market closed on a strong note on Friday, mirroring the trend in markets across Europe and elsewhere, as worries about trade tensions eased after China stated its willingness to hold talks with the U.S.

The benchmark SMI closed up 136.81 points or 1.13% at 12,253.79, off the day's high of 12,282.55.

ABB, the top gainer in the SMI index, closed 4.63% up. Straumann Holding, Logitech International and Julius Baer gained 3.2 to 3.78%.

Sandoz Group gained about 2.7% following a rating upgrade by RBC Capital Markets. Holcim, Geberit, Partners Group, Lindt & Spruengli, Alcon, Lonza Group, VAT Group, Sika, SIG Group and UBS Group ended higher by 1.6 to 2.7%.

Roche Holding, SGS, Givaudan, Swiss Life Holding, Sonova, Adecco and Kuehne + Nagel also posted impressive gains.

Schindler Ps closed down 1.6%, while Swisscom and Nestle ended marginally down.

In economics, a report from procuer ch & UBS said, the Swiss procure.ch. Manufacturing PMI dropped to 45.8 in April from 48.9 in March. The April reading was a nine-month low.

baca selengkapnya
Major European Markets Close Mixed After Cautious Session

Major European Markets Close Mixed After Cautious Session

The major European markets ended little changed on Monday as investors made cautious moves as oil prices climbed higher, fueling concerns about inflation and interest rates. Shares of homebuilders skyrocketed after the UK government said it would unveil a schemed to help first-time home buyers in the upcoming budget.
RTTNews | 14 menit yang lalu
NVIDIA Boosts Buyback To $235 Bln Through FY28; Shares Gain

NVIDIA Boosts Buyback To $235 Bln Through FY28; Shares Gain

AI chip major NVIDIA Corp. on Monday announced that its board has authorized an additional $150 billion share repurchase program, amid the significant growth in profit on soaring AI demand. The additional authorization increases the remaining total amount under the program to $235 billion. In the early morning trading on the Nasdaq, the shares were trading 3.03% higher.
RTTNews | 4 jam 33 menit yang lalu
Bay Street Headed For Weak Open

Bay Street Headed For Weak Open

Lower Canadian and U.S. futures and weak precious metals prices point to a negative start for the Canadian market on Monday. Additionally, sharply higher oil prices have triggered inflation concerns.
RTTNews | 5 jam 22 menit yang lalu
FTSE 100 Climbs As Realty Stocks Rally On Housing Initiative

FTSE 100 Climbs As Realty Stocks Rally On Housing Initiative

UK equities advanced Monday with the benchmark index up 28.65 points to 10,723.90. Strong gains in homebuilder shares followed government announcements of support for first-time buyers, offsetting oil market volatility.
RTTNews | 7 jam 4 menit yang lalu
Dollar Keeps Rising Amidst Bond Selloff, Rate Hike Worries

Dollar Keeps Rising Amidst Bond Selloff, Rate Hike Worries

The U.S. Dollar extended gains during the week ended September 25 as strong economic data from the U.S. and the spike in global crude oil prices renewed Fed rate hike fears and triggered a selloff in U.S. bond markets.
RTTNews | 7 jam 27 menit yang lalu
CAC 40 Flat As Oil Surge Fuels Inflation Concerns

CAC 40 Flat As Oil Surge Fuels Inflation Concerns

France's equity benchmark CAC 40 held near flat Monday as rising oil prices from renewed U.S.-Iran tensions weighed on investor sentiment. Brent crude futures climbed 3.7% amid supply concerns.
RTTNews | 7 jam 32 menit yang lalu
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the European session on Monday, as traders expect that the Bank of Japan or the BoJ is likely to raise its interest rates soon in the next month's policy meeting.
RTTNews | 8 jam 6 menit yang lalu