The SMI index is currently experiencing a decline, and market participants are closely monitoring UBS.

In Asian currency trading, the dollar has slightly increased in value, now at 153.31 yen, due to pressure on the Japanese yen following the ruling coalition's loss of parliamentary majority in recent elections.

Additionally, the dollar has appreciated to 7.1355 yuan and has strengthened against the Swiss franc, reaching 0.8676 francs.

Meanwhile, the euro remains stable at 1.0815 dollars but has slightly gained against the Swiss franc, now at 0.9384 francs.

Alphabet shares have seen a rise after the release of their quarterly results, indicating positive market sentiment towards the tech giant.