24.04.2024 19:08:47 - dpa-AFX: Swiss Market Ends Moderately Lower

BRUSSELS (dpa-AFX) - The Switzerland market ended on a weak note on
Wednesday as investors largely stayed cautious and chose to lighten some
commitments ahead of a slew of crucial economic data from the U.S.

The benchmark SMI, which stayed weak right through the day's session, settled
with a loss of 98.41 points or 0.86% at 11,370.74, the day's low.

Shares of drugmaker Roche Holding ended down by 4.4% after the company reported
a 6% drop in first-quarter sales.

UBS Group drifted down nearly 3%. Partners Group, Lindt Spruengli, Zurich
Insurance Group, Julius Baer and Alcon lost 1.3 to 2%.

Swiss RE, Swisscom, Swatch Group and SIG Group ended lower by 0.9 to 1.1%. Lonza
Group, Swiss Life Holding, Kuehne & Nagel and VAT Group lost 0.5 to 0.7%.

Logitech International, Sika, Givaudan, SGS, Holcim and Schindler Ps gained 0.4
to 0.9%. Novartis, Straumann Holding and ABB ended marginally up.

On the economic front, a report from UBS & CFA Society said the Swiss investors'
sentiment index rose by 6.1 points from the previous month to 17.6 in April
2024, marking the highest reading since September 2021.



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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 7.957,57 03.05.24 18:05:02 +42,92 +0,54% - - 7.943,87 7.957,57
FTSE 100 969378 Financial Times SE 8.213,49 03.05.24 17:35:30 +41,34 +0,51% - - 8.172,15 -
DAX ® 846900 Xetra 18.001,60 03.05.24 17:50:00 +105,10 +0,59% - - 17.900,15 18.001,60
E-STOXX 50 ® 965814 STOXX Ltd. 4.921,48 03.05.24 17:50:00 +30,87 +0,63% 0,000 - 4.901,04 4.921,48

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