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Name | Symbol | Market | Type |
---|---|---|---|
Swatch Group AG (PK) | USOTC:SWGAY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.13 | -1.31% | 9.80 | 9.79 | 9.95 | 10.05 | 9.79 | 10.01 | 107,753 | 21:02:13 |
By Neil MacLucas
ZURICH--Swiss watch exports climbed 5.2% on year in August driven by continuing robust demand from Asia, data released Thursday by Switzerland's customs office showed.
The value of watch exports reached 1.47 billion Swiss francs ($1.58 billion) in August, up 5.2% in real terms from the same month a year earlier. In nominal terms, the gain was 12.7%, the office said.
Swatch Group AG (UHR.VX), Compagnie Financiere Richemont SA (CFR.VX) and privately held Rolex are the main producers.
Shares in Swatch closed Wednesday at CHF397.90, up 13% this year to date. Those of Richemont closed at CHF61.15, for a gain of 28% in the same period.
Write to Neil MacLucas at neil.maclucas@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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