Swiss Market Shrugs Off Early Weakness, Ends On Firm Note

(RTTNews) - After a marginal upmove and a subsequent drop into negative territory, the Switzerland market stayed weak till around mid-afternoon on Friday before climbing higher to eventually end the trading session on a firm note.

The benchmark SMI, which dropped to a low of 14,311.28 a little before noon, ended the session with a gain of 71.26 points or 0.5% at 14,424.24, near the day's high.

ABB, VAT Group and Holcim ended stronger by about 2.9%. Lonza Group, Kuehne + Nagel, Straumann Holdings and Julius Baer gained 1.6%-1.7%.

Logitech International, Geberit, Sika, Schindler Ps and SGS moved up 1%-1.4%. Swiss Life Holdings, Sonova, Richemont, Sandoz Group and Helvetia Baloise Holding also closed higher.

Lindt & Spruengli shed nearly 0.9%. Partners Group, Galderma Group, Swiss Re and Roche closed lower by 0.25%-0.5%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.