Swiss stock exchange begins up,: This article explores the topic in depth.
In addition,
Swiss stock exchange begins up. In addition, :
The Swiss Stock Exchange began the session on Thursday on the right foot, the SMI located in the green zone. Therefore, Investors wanted to be optimistic about the changes in customs duties that the United States imposes on its business partners. Nevertheless, while waiting to be fixed on their fate.
In the United States. Meanwhile, Wall Street finished on Wednesday in the green, optimistic about the outcome of negotiations between Washington and its main trade partners, despite the announcement of new customs rights for a new series of countries. In addition, The Dow Jones took 0.49%, the NASDAQ index won 0.94%, thus establishing a new record at the end, and the enlarged S&P 500 index advanced by 0.61%.
Donald Trump announced a 50% surcharge on copper, which will come into force on August 1. Moreover, The American president has swiss stock exchange begins up, justified this measure by affirming that it is necessary to counter unfair commercial practices. In addition, to strengthen the American economy. “The financial markets reacted well to the announcement. NVIDIA has become the first market capitalization to reach $ 4,000 billion, which benefited all of the technological sectors, therefore American shares (+0.6%), “analyzes Arthur Jurus, director of investments at ODDO BHF Switzerland.
The letters announcing American customs duties continued to flock Wednesday, classified in alphabetical order. So far. the rates of customs tariffs vary between 25 and 50%, except for the United Kingdom, which has managed to obtain a relatively modest rate of 10%, while the European Union (EU) is still waiting for its verdict. “The latest reports suggest that European customs duties could be greater than 10% of the United Kingdom. but the markets don’t care,” notes Ipek Ozkardeskaya, analyst at Swissquote, in a comment.
Around 9:30 am, the swiss stock exchange begins up, SMI star index gained 0.59% to 12,081.73 points, after closing on Wednesday evening up 0.30%. The SLI increased by 0.62% to 1988.88 points and the SPI took 0.55% to 16,759.97 points. Of the thirty-one star values, three retreated and twenty-eight advanced.
ALCON (+1.9%) began the first exchanges at the head of the provisional classification. Sig Group (+1.3%) and Sandoz (+1.2%) completed the podium. The chocolate medal was allocated to Swatch (+1.1%).
KUEHNE+NAGEL (+0.6%) also expanded its earnings. Kühne +Nagel euroshipping and the Austrian Logserv have announced to continue their collaboration. They have extended their contract in the field of river transport by three years.
Heavy goods vehicles on the Roche (+1%), Novartis (+0.8%) and Nestlé (+0.1%) raised the index.
On the losers side, we found Zurich Insurance (-0.04%) and Swisscom (-0.09%). The red lantern returned to Lindt (-1.2%).
On the extended market, Barry Callebaut (-5.0%) fell heavily after the presentation swiss stock exchange begins up, of its results over nine months. The transformer of cocoa products saw its sales leaping from 49.5% to 10.95 billion francs during its offbeat 2024-2025 fiscal year.
Helvetia Holding (-0.5%) also fell back. Additionally, The main operational company of the Helvetia insurance group received the “A-” note from Standard & Poor’s (S&P).
On the other hand, Tecan (+2.8%) was gaining ground. The laboratory equipment supplier will take leave in August from its managing director (CEO) Alexander von Leoprechting. (Awp)
Swiss stock exchange begins up,
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