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Swiss Market Fails To Hold Early Gains, Ends Flat

RTTNews | 1 jam 31 menit yang lalu

Swiss Market Fails To Hold Early Gains, Ends Flat

(RTTNews) - The Switzerland market ended flat on Monday despite starting on a firm note and holding in positive territory till about late morning and seeing a modest spell above the flat line in the penultimate hour.

The overall mood in the market remained cautious amid concerns about inflation and interest rates as oil prices rose sharply on supply concerns following U.S. President Donald Trump rejecting Iran's proposal to reopen the Strait of Hormuz.

The benchmark SMI settled at 13,942.91, down 2.80 points or 0.02%. The index touched a high of 14,083.11 and a low of 13,937.42 in the session.

Sonova climbed about 3.75% and Lonza Group ended 2.65% up. Sika (1.37%), Novartis (1.34%) and Sandoz Group (1.07%) also closed with impressive gains.

Geberit, Swiss Re, Alcon, Holcim, Richemont and Julius Baer posted modest gains.

Swisscom ended 2.7% down. Helvetia Baloise Holding drifted lower by about 2.1%. Logitech International, Roche, Straumann Holding, Givaudan, UBS Group, Galderma Group, Zurich Insurance and ABB also ended weak.

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Canadian Market Down Firmly In Negative Territory

Canadian Market Down Firmly In Negative Territory

Despite regaining a good portion of the ground it lost in early trades, the Canadian market remains firmly down in negative territory around mid-afternoon on Monday and looks headed for a weak close as stocks from the materials space continue to reel under severe selling pressure.

RTTNews | 1 jam 1 menit yang lalu

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 | 1 jam 45 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 | 6 jam 4 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 | 6 jam 52 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 | 8 jam 35 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 | 8 jam 58 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 | 9 jam 3 menit yang lalu

Indian Shares Slump Amid Oil Price Surge

Indian Shares Slump Amid Oil Price Surge

Indian shares slumped on Monday as rising oil prices added to inflation and interest-rate concerns.

RTTNews | 9 jam 13 menit yang lalu

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