Swiss Market Ends On Firm Note On Strong Economic Data
LIKE.TG 成立于2020年，总部位于马来西亚，是首家汇集全球互联网产品，提供一站式软件产品解决方案的综合性品牌。唯一官方网站：www.like.tg
(RTTNews) - The Switzerland market closed on a strong note on Friday, in line with markets across Europe, as upbeat results from top U.S. firms Intel and Amazon, and data showing an unexpected drop in Swiss consumer price inflation helped underpin sentiment.
The benchmark SMI closed up 174.28 points or 1.48% at 11,967.20. The index scaled a low of 11,842.98 and a high of 11,991.87 intraday.
Julius Baer and Lonza Group both gained about 3.1%. Logitech International and UBS Group climbed 2.52% and 2.11%, respectively.
Straumann Holding, Roche Holding, Swatch Group, Novartis, Sonova and Holcim gained 1.6 to 2%. Nestle, Lindt & Spruengli, Swiss Life Holding, Swisscom, VAT Group, Swiss Re, ABB, SGS and Sika advanced 1 to 1.5%.
Richemont, Zurich Insurance, Givaudan, Schindler Ps, Kuehne + Nagel and Alcon also posted solid gains.
Geberit ended down 1%, and SIG Group drifted down 0.32%.
Data from the Federal Statistical Office said Switzerland's consumer price inflation eased unexpectedly in October to the lowest level in more than three years.
The consumer price index rose 0.6% on a yearly basis in October, slower than the 0.8% rise in September. Economists had expected the inflation to remain stable at 0.8%.
On a monthly basis, consumer prices edged down 0.1% in October after falling 0.3% in the previous month. Prices were expected to remain flat.
Another report from the same office said retail sales in Switzerland rose 2.2% year-on-year in September 2024, below the expected 2.5% increase, slowing from a downwardly revised 2.7% growth in August. On a monthly basis, retail sales decreased 0.5%, following a downwardly revised 0.1% rise in August.
Switzerland's procure.ch Manufacturing PMI held steady at 49.9 in October 2024, unchanged from September and hovering just below the growth threshold of 50, slightly above forecasts of 49.8, according to procure.ch & UBS.
现在关注【LIKE.TG出海指南频道】、【LIKE.TG大客户服务频道】,即可免费领取【WhatsApp、LINE、Telegram、Twitter、ZALO云控】等获客工具试用、【住宅IP、号段筛选】等免费资源，机会难得，快来解锁更多资源，助力您的业务飞速成长！点击【联系客服】
本文由LIKE.TG编辑部转载自互联网并编辑，如有侵权影响，请联系官方客服，将为您妥善处理。
This article is republished from public internet and edited by the LIKE.TG editorial department. If there is any infringement, please contact our official customer service for proper handling.
Server deployment全球论坛人工智能论坛全球峰会发展论坛战略论坛开放论坛程序员论坛互联网峰会科技峰会
