Brought to you by Investec Switzerland. China National Chemical Corporation (ChemChina) approached sovereign wealth funds including China Investment Corporation (CIC) to help pay for a potential acquisition of Syngenta AG, which would be the biggest Chinese acquisition ever if it goes ahead, people with knowledge of the matter said. ChemChina, as the state-owned company is […]
European Central Bank hurting Swiss companies
13 November 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. The SMI under performed global stocks this week and is expected to finish in negative territory on Friday. Fears that further quantitative easing by the European Central Bank (ECB) will weaken the Euro and undercut the competitiveness of Swiss […]
Swiss stocks miss out on Draghi-driven rallies in rest of Europe
Brought to you by Investec Switzerland. The prospect of more stimulus from Mario Draghi has been boosting most European stock markets. Switzerland has been lagging behind. Hurt by a strengthening franc, the Swiss Market Index has largely missed out on the rally that has added about $6 trillion to equities since the September lows of […]
SMI breaks 9,000 despite disappointing results
6 November 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. The SMI broke through the 9,000 barrier for the first time since August this week, despite weak company news, after the Swiss franc fell sharply against the dollar and pan-European cyclical stocks outperformed on expectations that the European Central […]
Loose talk by central banks and positive earnings fuel markets
30 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial market news Swiss stocks beat global stocks The SMI outperformed global stocks again this week driven by earnings releases and positive market sentiment for equities after central banks from Europe and Japan indicated further potential stimulus to […]
Nestlé profits plunge after Maggi noodle scare
Swiss company news brought to you by Investec Switzerland. Nestlé India Ltd. reported a 60% drop in its net profit for the July to September period as its sales fell sharply after a scare over the safety of its Maggi instant noodles. The Indian arm of Nestlé SA said its profit slipped to 1.24 billion […]
SMI hit by Clinton’s drug pledge, Swiss forecast surprises, Clooney takes coffee to South Sudan
9 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss market news SMI hit by Hillary Clinton’s drug pledge The Swiss Market Index (SMI) is set to finish the week positively, following Global markets higher as stocks rally on news that the Federal Reserve may keep rates […]
Swiss equities under perform global shares on Hillary Clinton’s drug pledge
9 October 2015. Brought to you by Investec Switzerland. Swiss equities under perform global shares on Hillary Clinton’s drug pledge The Swiss Market Index (SMI) is set to finish the week positively, following Global markets higher as stocks rally on news that the Federal Reserve may keep rates lower for longer than expected. Minutes released […]
Markets end worst quarter in four years. Glencore woes, VW sales ban, Nestlé in Russia, gloom for Swiss watch makers.
2 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss market news Markets end worst quarter in four years Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve […]
Markets end worst quarter in four years
2 October 2015 Brought to you by Investec Switzerland. Global markets Despite equity markets biggest surge in three weeks, global equity markets headed for their worst quarter since 2011 with investors rattled by China’s economic slowdown, uncertainty over Federal Reserve policy and growing pessimism about corporate earnings. European and US markets continued their retreat early […]
