22.05.2024 19:15:55 - dpa-AFX: Swiss Market Ends Lower For 2nd Straight Day

BRUSSELS (dpa-AFX) - The Switzerland market ended weak on Wednesday,
extending losses from the previous session, with investors continuing to take
some profits after a long winning run.

Also, data showing a bigger than expected increase in U.K.'s consumer prices in
the month of April raised concerns about the outlook for interest rates.

The benchmark SMI ended with a loss of 42.83 points or 0.36% at 11,958.67. The
index touched a low of 11,929.56.

Swatch Group, Richemont and Swiss Life Holding lost 2 to 2.1%. Roche Holdings
ended down by about 1.3%, while Novartis and ABB drifted lower by 0.78% and
0.72%, respectively.

Ems Chemie Holding ended down 2.35%. Avolta, Barry Callebaut, Meyer Burger Tech,
Helvetia and Flughafen Zurich lost 0.5 to 1.7%.

Alcon rallied about 2.5%. SGS gained 2.3%, while VAT Group, Straumann Holding
and SIG Group ended higher by nearly 1.4%. Holcim, Lindt & Spruengli, Schindler
Ps and Sandoz Group also closed on firm note.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.503,27 14.06.24 18:05:02 -204,75 -2,66% - - 7.685,50 7.503,27
FTSE 100 969378 Financial Times SE 8.146,86 14.06.24 17:35:29 -16,81 -0,21% - - 8.163,67 -
DAX ® 846900 Xetra 18.002,02 14.06.24 17:50:00 -263,66 -1,44% - - 18.267,68 18.002,02
E-STOXX 50 ® 965814 STOXX Ltd. 4.839,14 14.06.24 17:50:00 -96,36 -1,95% 0,000 - 4.942,82 4.839,14

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH