Swiss Market Ends Higher For 2nd Straight Day
BRUSSELS (dpa-AFX) - The Switzerland stock market, which briefly slipped into negative territory after opening higher Friday morning, recovered swiftly and gradually moved higher to finally end the session on a firm note.
Rising optimism about global economic recovery and good progress in the vaccination drive lifted the market and pushed the benchmark index SMI closer to its all-time high.
The SMI ended with a gain of 73.50 points or 0.66% at 11,225.58, slightly off the day s high of 11,239.20, and not far from the record high of 11,266.78 posted in mid-April. On Thursday, the index ended with a gain of 106.88 points or 0.97%.
BRUSSELS (dpa-AFX) - The Switzerland stock market ended on a firm note on Thursday, tracking gains in global markets amid rising optimism about strong economic rebound.Easing fears about any monetary
Swiss Market Ends Weak For 2nd Straight Day
BRUSSELS (dpa-AFX) - The Switzerland stock market ended notably lower on Tuesday, extending losses from previous session, after staying weak right through the day, in line with the trend seen across the European region.
The benchmark SMI, which dropped to a low of 19,932.85, ended the session with a loss of 134.35 points or 1.21% at 10,989.32.
On Monday, the index ended with a loss of 49.90 points or 0.45%.
UBS Group shares declined 3.2%. LafargeHolcim, Swiss Life Holding, Sika, Geberit, Swiss Re, Givaudan, Zurich Insurance Group and Richemont ended lower by 1.7 to 2.4%.
Lonza Group, Swatch Group, Credit Suisse, ABB and Roche Holding also ended notably lower. Novartis and Nesle too closed weak, while Swisscom edged up marginally.
Swiss Market Ends Weak
BRUSSELS (dpa-AFX) - The Switzerland stock market ended weak on Monday, after spending the entire session in negative territory, as investors largely stayed cautious and chose to wait for clear directional clues.
The benchmark SMI ended down by 49.90 points or 0.45% at 11,123.67, after scaling a high of 11,159.08 and a low of 11,086.98 intraday.
Alcon drifted down by about 3.4%. Lonza Group ended 2.4% down, while Geberit, Sika and Partners Group ended lower by 1.3 to 1.5%.
Credit Suisse, ABB, Roche Holding and UBS Group ended modestly lower, while Nestle, SGS and Novartis ended flat.
Swatch Group, Swiss Life Holding, Swiss Re and Zurich Insurance Group closed with modest gains.
Swiss Market Ends On Firm Note
Data showing a drop in Swiss unemployment in April aided sentiment.
The benchmark SMI, faltered and briefly slipped into negative territory after a positive start, but recovered well and eventually ended with a gain of 62.47 points or 0.56% at 11,173.57, the day s high.
Alcon shares gained 2.75%. Swatch Group climbed 2.3%, while Partners Group, Zurich Insurance Group, Roche Holding and Swiss Life Holding gained 1.2 to 1.4%.
Richemont ended nearly 1% up, while SGS, Sika, Swiss Re, Novartis and Lonza Group gained 0.5 to 0.8%.
LafargeHolcim ended lower by about 3.4%. Credit Suisse and Swisscom posted modest losses.
Among the stocks in the Mid Price Index, Logitech rallied 3.3%. VAT Group, AMS, Tecan Group and SIG Combibloc gained 2 to 2.8%, while Sonova, Temenos Group, Adecco, BB Biotech, Georg Fischer and Helvetia moved up 1.4 to 1.9%.