Meanwhile,
End embellish swiss stock exchange:
The Swiss Stock Exchange finished on a negative note Thursday. Nevertheless, Investors were cautious before the meeting of central bankers in Jackson Hole. Furthermore, the long -awaited speech, Friday, of the president of the American federal reserve, Jerome Powell.
In New York. Meanwhile, Wall Street lost ground in the morning, investors turning away from megacapitalizations in a risk aversion movement, while economic fears linked to customs duties are multiplying.
On the front of the new macroeconomics. Nevertheless, the Swiss foreign trade fell all round in July, in particular due to a chemistry-pharma sector which weighed the result at the entrance and the exit. However, the trade balance completes on an excess of 4.3 billion francs.
Watchmaking exports significantly rebounded in July, 6.9%, brought by uncertainties linked to American customs duties. Furthermore, By excluding this anticipation effect, however, they would have slightly fell.
The end embellish swiss stock exchange SMI ended up 0.28% to 12,241.67 points, with a lower at 12’186.82 points and a higher at 12,261.22 points scored in the opening phase. The SLI abandoned 0.43% to 2014.60 points and the SPI sold 0.25% to 16,992.74 points. Of the 31 star values, 24 fell and seven advanced.
ALCON (-2.6%) was still finished red lantern, behind Straumann, Geberit and Kühne +Nagel (all -1.8%).
The giant of ophthalmic corrections once again lowered its annual objectives at the end of a second quarter yet marked by a return of growth. after having stalled over the first three months of the year. This prompted several analysts to lower the course goal. JP Morgan even reduced his recommendation to “Neutral” from “Overweight”, while other experts continue to recommend the title to purchase.
Luxury values Swatch Group (-0.1%) and Richemont (-0.7%) did not benefit from the rebound in watchmaking exports in July.
In the end embellish swiss stock exchange heavy goods vehicle camp, Nestlé (-0.4%) lost ground, rock (+0.04%) finished almost stable and Novartis (+0.5%) took the bronze medal of the day. Deutsche Bank noted the course of course in action Novartis. confirmed “Buy” in the wake of the success of two phase III studies on the active ingredient Inalumab, which the analyst is one of the three most important projects in the pharmaceutical group.
The other two places in the podium are occupied by Sandoz Group (+1.0%) and Logitech (+0.7%).
On the extended market. the social network for wealthy travelers Asmallworld (unchanged) underwent in the first half of a quarter a quarter over a year of its net revenues. Profitability has practically been reduced to nothing. Management has planed its annual ambitions.
The Vaud cantonal bank (BCV, +3.6%) unveiled results in the first six months of the year. With a negative effect of lower interest rates. the establishment end embellish swiss stock exchange still stresses that it is the third highest benefit in its history.
The Bernese energetician BKW (-6.1%) suffered in the first half of a high comparison base, undergoing a decline in his sales and his profitability. Net profit plunged 44% over a year to 203.3 million francs.
Evonext (ex -Evolva, -0.5%) empty shell listed in search of activities. accused over the first six months of the year a loss of some 361,000 francs, notwithstanding a contribution of the order of 90,000 francs resulting from a legal procedure.
The turnover of the Orior food group (-2.3%) fell 2.9% over one year to 304.9 million francs, while the gross operating profit (EBITDA) dropped from 28.7% to 16.3 million.
The SIEGFRIED (-6.0%) drugs have accused over the first six months of the year a small drop in diet in terms of. net profitability. However. he claims to have laid the basics for an end embellish swiss stock exchange acceleration from the current semester and renewed his roadmap for the 2025 exercise.
The number two Swiss Sunrise telecommunications Swiss (+4.7%) managed to largely reduce its net loss in the second quarter. Its income fell slightly, from 0.8% over one year, to 731.6 million francs.
The company Real Estate Swiss Prime Site (SPS, +0.5%) underwent a slight drop in revenue over the first six months of the year, from 2.8% over one year to 225.5 million francs, but managed to maintain its profitability thanks to a sharp increase in revaluations. (Awp)
End embellish swiss stock exchange
Further reading: Switzerland and the EU denounce a famine situation in Gaza – Swiss holidays: sun, freedom, good cuisine and Mediterranean – Maja Riniker calls for inclusive and sustainable peace – Rebound at the opening of the Swiss Stock Exchange – Female Romandie Tour: Swiss victory in the 2nd stage.
