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SWX:AMS 23 October 2025

Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Ams OSRAM will close its Schwabmünchen factory in Bavaria by December 2027, ending 62 years of operations and cutting about 270 jobs. The company cited falling orders, cost pressure from Asian rivals, and a failed sale attempt. Shares trade near CHF 11.76, close to the 52-week high, with analysts forecasting a 10% drop. Local leaders and unions condemned the closure, calling it a major blow to the community.
23 October 2025

Stock Market Today

  • Asian Shares Rise on Iran Strait Optimism Ahead of US Payroll Data
    April 3, 2026, 8:39 AM EDT. Asian shares edged higher as optimism grew over potential easing of Iran Strait of Hormuz disruptions, which Iran has effectively shut down since the war's start. MSCI's Asia Pacific Index rose 0.7%, with South Korea's Kospi up 2.7% and Japan's Nikkei 225 gaining 1.3%. Investors await key U.S. payroll data amid light holiday trading in several Asian markets. Oil prices surged above $110 per barrel after U.S. President Trump threatened Iranian infrastructure, fueling volatility. Market caution remains due to geopolitical risks and upcoming U.S. economic data. Analysts note that until a clear resolution on the Strait is reached, economic and market pressure could continue.
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