15.05.2024 19:16:41 - dpa-AFX: Swiss Market Ends On Strong Note

BRUSSELS (dpa-AFX) - The Switzerland market ended on a strong note on
Wednesday as stocks kept edging higher and higher after opening marginally up.
Data showing a smaller than expected increase in U.S. consumer prices in the
month of April helped ease concerns about interest rates, and rendered the mood
positive.

The benchmark SMI ended with a gain of 115.19 points or 0.98% at 11,899.26,
slightly off the day's high of 11,906.80.

Lonza Group climbed nearly 5%. VAT Group shares gained about 4.8% and Sonova
rallied 4.1%.

Straumann Holding, Partners Group, Geberit and Sika gained 1.8 to 2.25%. Roche
Holdings ended nearly 1.5% up, and ABB advanced 1.35%. Holcim, UBS Group,
Givaudan, Julius Baer and Sandoz Group gained 1 to 1.3%.

Alcon, Nestle, Schindler Ps, Kuehne & Nagel and Swiss Life Holding also closed
on firm note.

Swatch Group, SIG Group, Lindt & Spruengli and Novartis ended weak.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 8.006,57 05.06.24 18:05:02 +68,67 +0,87% - - 7.983,03 7.937,90
FTSE 100 969378 Financial Times SE 8.246,95 05.06.24 17:50:00 +14,91 +0,18% - - 8.232,04 -
DAX ® 846900 Xetra 18.575,94 05.06.24 17:50:00 +170,30 +0,93% - - 18.406,06 18.405,64
E-STOXX 50 ® 965814 STOXX Ltd. 5.035,66 05.06.24 17:50:00 +82,29 +1,66% 0,000 - 4.972,72 4.953,37

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