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+++ Exchange ticker +++ – Swiss exchange will increase slightly News

Tuesday, August 22nd, 2017 | Economy

The Swiss Market Index (SMI) increases by 0.2 percent in the pre-market, which is calculated by Julius Baer. In yesterday's trading, the lead index rose by 0.1 percent higher at 8884 meters.
There are currently no company news from SMI companies. All SMI stocks record between 0.1 to 0.3 percent in the margin. Only Swiss Life can grow slightly with a plus of 0.6 per cent.
Oil prices rose slightly on Tuesday in early trading. A barrel (159 liters) of the North Sea Brent for delivery in October cost 51.81 USD in the morning. That was 15 cents more than on Monday. The price for a barrel of the American variety West Texas Intermediate (WTI) for delivery in October rose by 18 cents to 47.71 dollars.
On Monday, the oil prices had declined significantly by the evening. According to latest data from the oil cartel Opec, the self-imposed subsidy restrictions were last observed to a somewhat lesser degree. According to Kuwait's oil minister Issam Almarzooq, a possible extension or the end of the restrictions will be discussed in November.
Canada's oil industry is doomed if prices keep falling https://t.co/WEJZlZQnET pic.twitter.com/n9p942hGQ0
– Business Insider (@businessinsider) August 21, 2017
The Nikkei rose by 0.1 percent to 19,406 points. The broader topix stood at 1597 counters, which is an increase of 0.1 percent. Stock Strategist Isao Kubo of Nissay Asset Management said the mood was nervous. One reason is the conflict with North Korea. On Monday the southern neighbor and the US had begun their military exercises.
Investors, however, also fell back because leading banknotes come together in Jackson Hole in the US state of Wyoming. For example, Fed CEO Janet Yellen will give a speech. An appearance by ECB President Mario Draghi is planned for Friday. According to insiders, however, he will not announce a change in the price.
The dollar could grow on the foreign exchange markets. Compared to the Japanese currency, it cost 109.26 yen. The euro was priced at 1.1803 dollars.
(Cash / AWP / Reuters)


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