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16.07.2024 19:45:28 - dpa-AFX: Swiss Market Ends Marginally Down

BRUSSELS (dpa-AFX) - The Switzerland market ended marginally down on Tuesday
after languishing in negative territory right through the day's session, as
investors refrained from making significant moves amid a lack of triggers.

The benchmark SMI ended down 18.93 points or 0.15% at 12,260.93 after moving
between 12,197.46 and 12,271.34.

Straumann Holding and Swiss Re ended down 1.46% and 1.35%, respectively.
Partners Group, Sonova and Zurich Insurance Group ended lower by 1.13%, 1.02%
and 0.94%, respectively.

Logitech International, Nestle, Swiss Life Holding and Alcon also ended weak.

Shares of market expansion services company DKSH rallied about 8% after the firm
reported an increase in first-half profit to 111.2 million francs from 103.4
million francs in the year-ago quarter. The company's net sales were 5.44
billion francs in the first-half, compared with 5.62 billion francs a year
before.

Richemont advanced nearly 1%. The company said fiscal first-quarter total sales
fell to 5.27 billion euros from 5.32 billion euros, due to weaker sales in the
Asia-Pacific region, particularly in China. The luxury goods company's Jewellery
Maisons division delivered a 4% sales growth at constant exchange rates to 3.66
billion euros.

VAT Group climbed 1.66%, Geberit gained nearly 1.5% and Kuehne + Nagel ended
1.17% up, while Sika gained 0.65%.



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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 7.577,04 23.08.24 18:05:02 +52,93 +0,70% - - 7.544,73 7.577,04
FTSE 100 969378 Financial Times SE 8.327,78 23.08.24 17:35:30 +39,78 +0,48% - - 8.288,00 -
DAX ® 846900 Xetra 18.633,10 23.08.24 17:50:00 +139,71 +0,76% - - 18.538,87 18.633,10
E-STOXX 50 ® 965814 STOXX Ltd. 4.909,20 23.08.24 17:50:00 +24,20 +0,50% 0,000 - 4.890,34 4.909,20

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