Swiss Market Ends On Weak Note
(RTTNews) - The Switzerland market ended on a weak note on Friday after languishing in negative territory right through the day's trading as investors refraining from any significant buying amid a lack of directional clues.
The benchmark SMI ended down by 62.73 points or 0.47% at 13,413.59, about 40 points off the session's low of 13,373.86.
Richemont tumbled 5.39%, weighed down by a rating downgrade by Bank of America.
The luxury retailer recorded an increase in group sales during the third quarter ended 31 December 2025, with revenue reaching €6.4bn ($7.43bn).
At constant exchange rates, quarterly sales were up 11% compared with the same period a year earlier.
Sika ended lower by 2.59%. Nestle, Holcim and Sonova lost 1.67%, 1.37% and 1.22%, respectively. Givaudan, Logitech International, Lonza Group, Swiss Re and Amrize ended down by 0.6 to 1.1%.
Sandoz Group gained nearly 2%. Novartis, Roche Holding, Galderma Group, Schindler Ps, Straumann Holding, VAT Group, Partners Group and Julius Baer moved up 0.5 to 1%.
U.S. Dollar Ticks Higher Amid Inflation Data Release, Expectations Of Reopening Of Strait Of Hormuz
TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak
Swiss Market Ends Modestly Higher
European Markets Rise As Oil Prices Fall On IEA Demand Cut
U.S. Consumer Sentiment Deteriorates Much More Than Expected In September
CPSC Recalls: 2.3 Mln Candy Bottles, Motorcycles, Dressers, Dual Fuel Ranges, Fire Spray Canisters
U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected
