Swiss Market Ends Weak On Interest Rate Concerns

RTTNews | 862 hari yang lalu
Swiss Market Ends Weak On Interest Rate Concerns

(RTTNews) - After moving along the flat line till about an hour before noon, the Switzerland market drifted lower as the session progressed and finally ended on a very weak note on Tuesday.

Concerns about inflation and interest rate outlook rendered the mood cautious.

The benchmark SMI ended down by 106.07 points or 0.89% at 11,854.50. The index, which edged up to 11,986.53 in early trades, touched a low of 11,835.46 in the session.

Lonza Group shares dropped 3.4% and Sika ended lower by about 3%. Partners Group, Julius Baer, Alcon, Straumann Holding, Geberit, Roche Holding, Novartis and Sonova lost 1 to 2%.

Holcim ended nearly 1% down. VAT Group, Givaudan, Zurich Insurance Group, Nestle, Sandoz, Swiss Life Holding and Swiss Re lost 0.6 to 0.9%.

Helvetia ended nearly 5.5% down. Clariant lost 2.8%. Flughafen Zurich, Tecan Group, Ems Chemie Holding, Adecco and Schindler Holding also ended notably lower.

Swatch Group advanced 0.75%. Lindt Spruengli ended modestly higher, while Kuehne & Nagel and Swisscom edged up marginally.

Temenos Group gained about 1.4%. Galenica Sante and PSP Swiss Property posted modest gains.

baca selengkapnya
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining and technology stocks partially offset by gains in energy and financial stocks.
RTTNews | 23 menit yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as rising volatility in crude oil prices, global currency and bond yields continue to weigh on market sentiment. Technology stocks are also dragging the markets amid a surge in AI-related corporate debt. Asian markets closed mostly lower on Wednesday.
RTTNews | 36 menit yang lalu
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has tracked higher in five straight sessions, gathering almost 25 points or 1.6 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may run out of steam on Thursday.
RTTNews | 1 jam 57 menit yang lalu
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,400 level, with weakness in index heavyweights, exporters, financial and technology stocks partially offset by gains in automaker stocks.
RTTNews | 2 jam 21 menit yang lalu
Indonesia Stock Market May Give Up Support At 6,100 Points

Indonesia Stock Market May Give Up Support At 6,100 Points

The Indonesia stock market on Wednesday snapped the three-day winning streak in which it had improved almost 185 points or 2.8 percent. The Jakarta Composite Index now sits just beneath the 6,150-point plateau and it's likely to open to the downside again on Thursday.
RTTNews | 2 jam 27 menit yang lalu
Hong Kong Stock Market May See Continued Consolidation

Hong Kong Stock Market May See Continued Consolidation

The Hong Kong stock market on Wednesday halted the two-day winning streak in which it had collected more than 300 points or 1.2 percent. The Hang Seng now sits just above the 24,130-point plateau and it's tipped to open under pressure again on Thursday.
RTTNews | 2 jam 42 menit yang lalu
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in energy and financial stocks.
RTTNews | 2 jam 50 menit yang lalu