Swiss Market Ends Weak

RTTNews | 1007 hari yang lalu
Swiss Market Ends Weak

(RTTNews) - Save for a few minutes early on in the session, the Switzerland market stayed in negative territory on Wednesday as investors remained reluctant to make significant moves, choosing to wait for directional cues.

The benchmark SMI ended down 39.11 points or 0.35% at 11,113.98, nearly 20 points off the day's low of 11,093.43.

Kuehne & Nagel ended down 2.19%. Partners Group and Sonova both ended lower by 1.26%, and Alcon eased nearly 1%.

Novartis, Lonza Group, Swiss Re, Swisscom, Zurich Insurance Group, Givaudan and Geberit lost 0.4 to 0.8%.

Swiss Life Holding and Richemont ended up 0.62% and 0.6%, respectively. Sika gained 0.37%.

In the Mid Price Index, Sandoz ended 2.57% down. Ems Chemie Holdings drifted down 0.8%, while ams OSRAM AG, Galenica Sante, BKW and Flughafen Zurich ended down 0.3 to 0.5%.

Meyer Burger Tech gained about 1.65%, recovering a bit from recent sharp losses. Adecco, Avolta, Swatch Group and Julius Baer gained 1 to 1.5%.

In economic news, a report from UBS & CFA Society said the Swiss investors' sentiment index rose by 5.9 points from the previous month to -23.7 in December. The reading points to the lowest amount of pessimism fro Swiss investors in ten months.

baca selengkapnya
European Markets Seen Rising On Wednesday

European Markets Seen Rising On Wednesday

A strong positive sentiment is expected to prevail in European stock markets on Wednesday amidst a sharp decline in Fed rate hike expectations. The decline in crude oil prices, the easing in bond yields and the dollar's retreat are also expected to bolster sentiment. Anxiety ahead of the release of PCE-based inflation readings from the U.S. on Wednesday morning is however expected to limit gains.
RTTNews | 1 jam 10 menit yang lalu
Australia Inflation Rises In August

Australia Inflation Rises In August

Australia's consumer price inflation accelerated in August on higher housing and transport costs, the Australian Bureau of Statistics said Wednesday. Consumer price inflation rose to 4.0 percent from 3.5 percent in July. Inflation continues to remain above the central bank target range of 2-3 percent.
RTTNews | 2 jam 0 menit yang lalu
China Private Sector Growth Improves

China Private Sector Growth Improves

China's manufacturing and services sectors expanded at faster rates in September as robust new orders underpinned employment, survey results from S&P Global showed Wednesday. The RatingDog China general manufacturing Purchasing Managers' Index rose to 52.1 in September from 51.5 in August. The score was seen at 51.7. The index has remained above the 50.0 no-change mark.
RTTNews | 2 jam 30 menit yang lalu
Australian Market Sharply Extends Early Gains In Mid-market

Australian Market Sharply Extends Early Gains In Mid-market

The Australian market is sharply extending its early gains in mid-market moves on Wednesday after opening in the red, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving up to near the 8,800 level, despite the negative cues from Wall Street overnight, with gains in gold miners and energy stocks partially offset by weakness in iron ore miner and financial stocks.
RTTNews | 4 jam 16 menit yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as tumbling crude oil prices on easing supply concerns as Saudi Arabia restored half of the capacity of its East-West pipeline, allaying fears of global inflation and aggressive interest rate hikes. Asian markets closed mixed on Tuesday.
RTTNews | 4 jam 23 menit yang lalu
Indian Shares Likely To Open On Mixed Note

Indian Shares Likely To Open On Mixed Note

Lower GIFT Nifty and fairly steady Asian markets point to a somewhat mixed start for Indian shares Wednesday morning. Elevated crude oil prices and elusive U.S.-Iran deal to reopen the Strait of Hormuz are likely to weigh on sentiment.
RTTNews | 4 jam 49 menit yang lalu
Soft Start Seen For Thai Stock Market

Soft Start Seen For Thai Stock Market

The Thai stock market has finished lower in back-to-back sessions, slipping more than a dozen points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to see continued consolidation on Wednesday.
RTTNews | 5 jam 43 menit yang lalu