The Swiss stock market continued its upward trend, with the SMI closing 0.4% higher at 13,004.48 points, despite geopolitical uncertainties and renewed tariff threats from the US. Holcim led the gainers with a 3.0% rise after solid annual results, while Logitech fell 4.7% following a downgrade by Bank of America. Overall, the market showed increased volatility, reflected in a 5.3% rise in the VSMI index.
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