The decline in UBS shares occurred on Friday afternoon, with a 2.0 percent decrease to CHF 26.34 at 12:28 PM in SIX SX.

The stock opened at CHF 26.43 but fell to CHF 26.27, making it one of the notable losers in the SMI, which is currently at 11,281 points.

UBS reached a high of CHF 29.57 on October 30, 2024, in the past 52 weeks, while the lowest price was CHF 22.53 on August 5, 2024.

To reach the 52-week high, the share price would need to increase by 12.26 percent, while a drop of 14.46 percent would bring it down to the 52-week low.

UBS recently disclosed its quarterly financial results for the period ending September 30, 2024.

The company reported earnings per share of CHF 0.39, a significant improvement from CHF -0.21 in the previous year.

However, UBS noted a slight decrease in turnover, which fell by 0.21 percent to CHF 18.86 billion compared to CHF 18.90 billion in the same quarter last year.

The dividend forecast for the current year is USD 0.819 per share, up from CHF 0.640 per share in the previous year.

UBS is scheduled to release its Q4 2024 results on February 4, 2025, with analysts projecting earnings per share of USD 1.75 for the year.