14.07.2025 19:50:34
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Swiss Market Settles Slightly Up After Lackluster Session
(RTTNews) - The Switzerland market, which remained in the red save for a brief while at the fag end of the day's session, settled with a small gain on Monday.
The mood in the market was very cautious as trade war fears escalated after U.S. President Donald Trump announced over the weekend that he would impose a 30% tariff on EU imports from August 1.
Meanwhile, the European Union has reportedly prepared a €21 billion ($24.52 billion) tariff package targeting American goods if trade talks between the two sides collapsed.
The benchmark SMI closed up 2.47 points or 0.02% at 11,939.89, the day's high. The index touched a ow of 11,873.66 around mid morning.
Sandoz Group gained about 1.1%. Swisscom and Swiss Life Holding both gained about 0.8%. Nestle, Partners Group, Roche Holding and Novartis posted modest gains.
VAT Group ended down 1.77%. Sika, Kuehne + Nagel, Sonova, Swatch Group, Richemont, Geberit, Logitech International and SGS lost 0.7 to 1.1%.
Data from the Federal Statistical Office showed Switzerland's producer and import prices continued to decline in June.
Producer and import prices dropped 0.7% year-on-year in June, the same as in the previous month. The price index has been falling since May 2023.
The producer price index showed an increase of 0.3%, while import prices dropped by 2.8%.
On a monthly basis, producer and import prices edged down 0.1% in June after falling 0.5% in the prior month. Meanwhile, prices were expected to increase by 0.2%.
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US-Handelsabkommen mit Japan: SMI schliesst über 12'000 Zählern -- DAX beendet Handel höher -- Nikkei 225 zieht letztlich kräftig anDer heimische und der deutsche Aktienmarkt bewegten sich am Mittwoch im Plus. An der Wall Street geht es gen Norden. An den asiatischen Aktienmärkten ging es zur Wochenmitte mehrheitlich klar nach oben.
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