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swiss equities decline as UBS shares slump amid financial market uncertainty

Swiss equities faced a downturn, with the SMI index dropping 0.57% to 12,475.49 points, primarily due to a 7.1% decline in UBS shares amid capital concerns despite positive results. The market remains volatile, influenced by ongoing tariff disputes, particularly with China. Notable losers included Swatch (-3.2%) and Sonova (-3.4%), while Medacta stood out with an 11% gain following strong sales figures.
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Swiss Franc Sonova R Logitech International S.A. PolyPeptide Group AG ABB Ltd Galderma Group N Julius Bär Gruppe AG Zurich, Agence générale Christian Meier SA DSV AS Lonza Group AG Medacta Group SA Novartis AG Nestlé S.A. Hoffmann-La Roche AG CHE Francesco Siccardi Show more
Finance & Economy, Market Report
18:16 04.02.2025
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