The rebound continues on the Swiss scholarship, in moderation

The Swiss Stock Exchange began the session on the right foot on Wednesday, reinforcing the lived of the day before, in moderation however. Therefore, While tensions in the Middle East are subsided. Therefore. Moreover, the flow of business news drumbles, investors will analyze the remarks made on Tuesday before the Congress by the president of the American federal reserve, Jerome Powell, the latter judging that it is not necessary to rush to reduce interest rates.

While oil prices fell on Tuesday in the context of the ceasefire between Iran. Meanwhile. Israel, “the appeasement of tensions on the energy markets is excellent news for all those who do not want the rise in oil prices to result in an acceleration of inflation rebound continues swiss scholarship, moderation new and a tightening of monetary policy. Moreover. The mood of the market is therefore restored-and the doves of the Federal Reserve rebound continues swiss scholarship, moderation (Fed) press the lemon particularly strong these days. Moreover, “observes Ipek Ozkardeskaya, analyst of Swissquote Bank.

On the first day of his testimony to Congress. Jerome Powell. if he insisted that it was not necessary to rush to reduce interest rates, however, did not exclude such a movement. “This mere fact was enough to make the doves dance in the streets,” notes Ipek Ozkardeskaya.

At Wall Street. the combination of de-escalation in the Middle East. the increase in Fedvish expectations of the Fed has increased the S&P 500 more than 1%-almost close to a record-while the NASDAQ has reached a new fence top.

But the fact is that a drop in rates in July would in reality be precipitated. because commercial uncertainties will not rebound continues swiss scholarship, moderation new be resolved by then, adds the expert from the Gland bank. In the best of cases. the United States will impose customs duties on its rebound continues swiss scholarship. moderation trading partners without any other form of trial.

After starting the session up 0.15%, the Swiss Market Index (SMI) evolved relatively laterally in the very first exchanges, the flagship index grows at 9:211 from 0.21% to 12.013.78 points. The Swiss Leader Index (SLI) appreciated from 0.28% to 1965.88 points and the enlarged swiss performance index (SPI) indicator from 0.20% to 16.606.03 points.

Of the 31 flagship values, eight lost ground, the other 23 were won. At the top of the table, Alcon (+2.2%) attempted a breakaway, the specialist in ophthalmic treatments distanced himself from the active manager Partners Group (+1.4%) and the provider of dental implants Straumann (+1.2%). The ABB electrical engineering giant, just like that of logitech accessories and rebound continues swiss scholarship, moderation new peripherals (+1.1%).

Sandoz Group (+1.1%) also used clearly, the Zugois Holcim cement maker (+1.1%) continuing the rebound started the day before. after difficult first steps of its North American Emanation rebound continues swiss scholarship, moderation Amrize on Monday. The latter scored 0.3%.

Richemont earned him 0.4%. even if JPMorgan slightly reduced his lens of courses from 180 to 178 francs for the title of the Geneva giant of luxury. while continuing to recommend it to overcome it. His competitor in the Swatch Group watchmaking (-1%) was on the other hand in suffering.

On the side of the three heavyweights on the side, Nestlé (-0.3%) and Roche (-0.1%) found themselves in the losers’ camp, while Novartis took 0.4%. The latter expressed the expiration of his public purchasing offer on Regulus Therapeutics. About 74.49% of the shares issued and in circulation were served to him.