Swiss Market Ends On Strong Note
(RTTNews) - The Switzerland market ended on a strong note on Wednesday as stocks kept edging higher and higher after opening marginally up. Data showing a smaller than expected increase in U.S. consumer prices in the month of April helped ease concerns about interest rates, and rendered the mood positive.
The benchmark SMI ended with a gain of 115.19 points or 0.98% at 11,899.26, slightly off the day's high of 11,906.80.
Lonza Group climbed nearly 5%. VAT Group shares gained about 4.8% and Sonova rallied 4.1%.
Straumann Holding, Partners Group, Geberit and Sika gained 1.8 to 2.25%. Roche Holdings ended nearly 1.5% up, and ABB advanced 1.35%. Holcim, UBS Group, Givaudan, Julius Baer and Sandoz Group gained 1 to 1.3%.
Alcon, Nestle, Schindler Ps, Kuehne & Nagel and Swiss Life Holding also closed on firm note.
Swatch Group, SIG Group, Lindt & Spruengli and Novartis ended weak.
European Shares Slide On France's Fiscal Worries
Asian Shares Retreat Amid Middle East Concerns
UK Lloyds House Prices Stagnate
European Shares Likely To Open On Cautious Note Ahead Of Fed Minutes
Indian Shares Drift Lower Ahead Of RBI Rate Decision
Australian Market Trims Early Losses In Mid-market
Asian Markets Trade Mostly Lower
