{
Gotech

Companies

}
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swiss stock market faces downturn amid us interest rate concerns

The Swiss stock market remains in a bearish trend, with the SMI Guiding Values Index down 1.08% to 8174.97 points, influenced by concerns over potential U.S. interest rate hikes. Major banks like UBS and Credit Suisse faced significant losses, while defensive stocks like Nestlé and Novartis attempted to mitigate the downturn. Kudelski saw a positive turn with a court victory against China's Gotech, while Adienne announced plans to enter the stock market without further details.
TicinoNews
United States Dollar Richemont DNS Inc. Julius Bär Stiftung Novartis AG Hoffmann-La Roche AG Swiss Life Holding AG Swatch AG ADIENNE SA Credit Suisse Anlagestiftung Gotech Swiss Re AG Zurich Insurance Group AG ABB Ltd Geberit AG UBS AG Kudelski SA LafargeHolcim Ltd. Nestlé S.A. Adecco Group AG CHE Eric Rosengren Show more
TradFi, Market Report
18:34 15.11.2024
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