PSP Swiss Property AG
Change company Symbol lookup
Select an option...
PSPSF PSP Swiss Property AG
NWS News Corp
TUES Tuesday Morning Corp
LXXGF Lexagene Holdings Inc
BKE Buckle Inc
CRMT America's CAR-MART Inc
DE Deere & Co
JKS JinkoSolar Holding Co Ltd
TLGT Teligent Inc (NEW JERSEY)
ALK Alaska Air Group Inc
Go


Based in Switzerland
Company profile

PSP Swiss Property AG is a Switzerland-based real estate holding company. It is organized into three business segments: Real Estate Investment, which includes the real estate business and comprises all properties of the Company; Real Estate Management, which includes all services and activities with regard to the management of the Company’s own real estate portfolio, and Holding, which covers the traditional corporate functions, such as finance, legal, investor and public relations, human resources and information technology. The Company owns approximately 170 offices and commercial properties, as well as nine development sites throughout Switzerland, mainly in Zurich, Geneva, Basel, Bern and Lausanne. As of December 31, 2011, it had two direct subsidiaries: PSP Participations Ltd and PSP Finance Ltd, as well as such indirect subsidiaries as PSP Group Services Ltd, PSP Real Estate Ltd, PSP Management Ltd and Immobiliengesellschaft Septima AG, among others.

Closing Price
$113.00
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
113.00
Day's Low
113.00
Volume
(Heavy Day)
Volume:
9

10-day average volume:
100
9

UPDATE: These stocks sank the most during Thursday's rout, with declines of up to 53%

5:47 am ET March 13, 2020 (MarketWatch)
Print

By Philip van Doorn, MarketWatch

Cruise-line and energy shares lead the drop during a big selloff

The U.S. stock market's slide Thursday intensified in the last minutes of trading, after President Trump announced a pending ban on most air travel from Europe and little stimulus to the economy.

-- The Dow Jones Industrial Average dropped 2,353 points (or 10%) to close at 21,200.62, for its worst one-day decline since 1987.

-- The S&P 500 Index slumped 9.5%, led by the energy sector, which was down 12.3%, and the financial sector, which skidded 10.9%. The benchmark index has now fallen 26.9% since setting an all-time intraday high Feb. 19.

-- The Nasdaq Composite Index shed 9.4%.

Read: Here's how Invesco's top strategist says long-term investors should navigate this market panic (http://www.marketwatch.com/story/heres-how-invescos-top-strategist-says-long-term-investors-should-navigate-this-market-panic-2020-03-12)

The yield on 10-year U.S. Treasury notes inched up by slightly to 0.86%, reversing an earlier decline in the yield as bond-purchasing cooled.

But the Treasury yield curve (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield) for March 11 showed that investors were looking ahead to another interest-rate cut by the Federal Reserve. All yields up to 10 years are well below the current federal funds target rate range of 1% to 1.25%.

The Fed said Thursday it would lend $1.5 trillion to the short-term funding markets and add purchases of Treasury notes and bonds to increase its balance sheet.

West Texas intermediate crude for April delivery was down 6% to $31.11 a barrel.

Dow

All 30 components of the Dow Jones Industrial Average were down Thursday:

Company Ticker Price change - March 12, 2020 Price change since Feb. 19 Decline from 52-week high Price change - 2020 Price change - 2019

Boeing Co. US:BA -33.0% -54.2% -63.4% -52.5% 1.0%

Dow Inc. US:DOW -24.6% -50.2% -60.9% -56.8% N/A

American Express Co. US:AXP -19.1% -39.0% -39.5% -32.9% 30.6%

Goldman Sachs Group Inc. US:GS -18.3% -36.5% -39.8% -34.5% 37.6%

Walt Disney Co. US:DIS -17.6% -35.0% -40.2% -36.5% 31.9%

International Business Machines Corp. US:IBM -17.6% -31.9% -35.2% -23.3% 17.9%

Cisco Systems Inc. US:CSCO -17.2% -28.3% -43.0% -30.8% 10.7%

Walgreens Boots Alliance Inc. US:WBA -16.6% -21.2% -36.4% -30.4% -13.7%

Nike Inc. Class B US:NKE -16.0% -27.6% -29.7% -26.8% 36.6%

Intel Corp. US:INTC -15.6% -32.1% -34.3% -23.9% 27.5%

Home Depot Inc. US:HD -15.6% -21.8% -23.0% -12.7% 27.1%

Procter & Gamble Co. US:PG -15.5% -18.8% -20.5% -18.4% 35.9%

McDonald's Corp. US:MCD -14.9% -21.1% -23.3% -13.9% 11.3%

Travelers Companies Inc. US:TRV -14.5% -24.0% -34.1% -25.4% 14.4%

Exxon Mobil Corp. US:XOM -14.3% -38.4% -55.5% -46.7% 2.3%

United Technologies Corp. US:UTX -14.1% -32.0% -35.3% -31.6% 40.6%

Microsoft Corp. US:MSFT -13.6% -25.7% -27.1% -11.8% 55.3%

Caterpillar Inc. US:CAT -13.4% -32.6% -38.7% -37.5% 16.2%

Pfizer Inc. US:PFE -13.2% -17.1% -32.6% -23.4% -10.2%

Walmart Inc. US:WMT -13.1% -11.6% -17.0% -12.4% 27.6%

Apple Inc. US:AAPL -13.0% -23.3% -24.3% -15.5% 86.2%

3M Co. US:MMM -12.9% -16.2% -39.2% -24.3% -7.4%

JPMorgan Chase & Co. US:JPM -12.6% -36.0% -37.6% -36.8% 42.8%

Visa Inc. Class A US:V -12.3% -25.0% -25.3% -14.8% 42.4%

Coca-Cola Co. US:KO -12.1% -21.1% -21.6% -14.8% 16.9%

Johnson & Johnson US:JNJ -11.5% -15.8% -18.8% -14.0% 13.0%

UnitedHealth Group Inc. US:UNH -10.6% -18.0% -18.4% -14.8% 18.0%

Chevron Corp. US:CVX -10.3% -31.1% -40.1% -36.7% 10.8%

Verizon Communications Inc. US:VZ -9.4% -12.1% -17.7% -16.6% 9.2%

Merck & Co. Inc. US:MRK -9.2% -9.2% -19.6% -18.1% 19.0%

Souce: FactSet

You can click on the tickers for more about each company.

S&P 500

Every component of the S&P 500 was down Thursday, with cruise line operators hit particularly hard after Carnival Corp. (CCL) announced cruises on 18 of its Princess ships would be halted for 60 days (http://www.marketwatch.com/story/carnival-stock-drops-22-after-princess-cruises-pauses-operations-on-18-ships-for-2-months-2020-03-12).

Here are the day's 20 worst performers in the S&P 500:

Company Ticker Price change - March 12, 2020 Price change since Feb. 19 Decline from 52-week high Price change - 2020 Price change - 2019

Norwegian Cruise Line Holdings Ltd. US:NCLH -52.9% -81.4% -83.9% -83.5% 37.8%

Royal Caribbean Cruises Ltd. US:RCL -41.4% -72.7% -77.6% -77.3% 36.5%

Ventas Inc. US:VTR -37.7% -53.7% -63.7% -52.6% -1.5%

Lincoln National Corp. US:LNC -34.2% -61.6% -65.4% -60.4% 15.0%

Marathon Petroleum Corp. US:MPC -33.7% -60.3% -67.1% -62.0% 2.1%

Boeing Co. US:BA -33.0% -54.2% -63.4% -52.5% 1.0%

Noble Energy Inc. US:NBL -32.3% -66.9% -77.9% -74.8% 32.4%

Capri Holdings Ltd. US:CPRI -31.3% -48.1% -71.3% -62.4% 0.6%

Carnival Corp. US:CCL -31.2% -65.5% -74.1% -70.5% 3.1%

PVH Corp. US:PVH -30.4% -48.6% -67.0% -57.9% 13.1%

TechnipFMC LC US:FTI -30.3% -61.4% -76.8% -69.0% 9.5%

Sysco Corp. US:SYY -30.3% -42.9% -49.4% -49.1% 36.5%

(MORE TO FOLLOW) Dow Jones Newswires

March 13, 2020 05:47 ET (09:47 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.