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Swiss Market Ends Marginally Down

2024-08-06 3012

(fxcue news) - The Switzerland market languished in negative territory right through the day's session on Thursday as investors chose to take some profits at several counters, but recovered most of the lost ground as a few frontline stocks found some support in late afternoon trades. The benchmark SMI, which tumbled to 11,642.77 around mid morning, ended down 15.75 points or 0.13% at 11,827.43. Sandoz Group shares ended down 2.2% after reporting a 36% fall in first-half net income. The company reported a net income of $484 million for the first half, missing analysts' estimates by 5%. Zurich Insurance Group, Kuehne + Nagel, Lindt & Spruengli, SIG Group, Novartis, Lonza Group, Logitech International and Sika ended down 0.5 to 1.25%. Strauamann Holding gained nearly 1%. Swiss Re, ABB, Roche GS, Richemont and Sonova ended higher by 0.4 to 0.6%.

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Swiss Market Ends Marginally Down

U.S. Dollar Rises As Falling Jobless Claims Ease Concerns Over Recession

Canadian Market Up Sharply On All-round Buying

U.S. Wholesale Inventories Rise 0.2% In June

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Swiss Market Ends Marginally Down

European Stocks Recover After Weak Spell

U.S. Wholesale Inventories Rise 0.2% In June

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12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

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Swiss Market Ends Marginally Down

U.S. Dollar Rises As Falling Jobless Claims Ease Concerns Over Recession

Canadian Market Up Sharply On All-round Buying

U.S. Wholesale Inventories Rise 0.2% In June

Sensex

Swiss Market Ends Marginally Down

European Stocks Recover After Weak Spell

U.S. Wholesale Inventories Rise 0.2% In June

Eli Lilly Q2 Results Top Estimates; Boosts FY24 Outlook

Please sign in

Trader

12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

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