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spi index rises 0.13 percent with notable stock performances in zurich

The SPI rose by 0.13% to 16,778.78 points on Friday, marking a weekly gain of 1.56% and an 8.12% increase since the start of 2025. Highlight Event and Entertainment led the gains with a 25% rise, while Leonteq saw the largest decline at -7.57%. UBS had the highest trading volume, and Roche maintained the largest market capitalization at €258.575 billion.

Swiss stock market dips as labor data and tech sector woes weigh down indices

The Swiss stock market experienced a slight decline, with the SMI closing 0.24% lower at 12,593.34 points, marking its first loss after six weeks of gains. Swisscom and Holcim saw gains amid merger rumors, while financial stocks like Julius Baer and Partners Group faced significant losses. The US labor market data influenced investor sentiment, with employment growth slightly below expectations but a drop in the unemployment rate to 4%.

stock market update smi slightly lower as autoneum shares slump

In Asian forex trading, the yen remained stable against the dollar ahead of the Bank of Japan's interest rate decision, while the dollar slightly rose against the yuan and Swiss franc. Oil prices dipped amid speculation of increased OPEC production, with North Sea Brent crude at $78.73 per barrel. US markets saw gains, with the Dow Jones up 0.3% and Netflix experiencing significant subscriber growth, boosting its shares nearly 10%. Concerns over Trump's tariff plans on Chinese imports weighed on the dollar, which faced headwinds as clarity on trade negotiations remained elusive.

surge in new cfo appointments reflects changing corporate leadership needs

In 2024, Swiss companies saw a surge in CFO changes, with one in four listed firms appointing new financial leaders, reflecting the need for refined skills amid economic challenges. Experts highlight the importance of collaboration between CEOs and CFOs, as well as the growing focus on communication and crisis management in the evolving role of the CFO.

Swiss stock market rebounds as political uncertainty influences trading dynamics

The Swiss stock market rebounded on November 11, 2024, with the SMI closing 0.89% higher at 11,902.79 points after three weeks of losses. Swiss Re shares surged 3.6% following a UBS upgrade, while cyclical stocks like Sika and ABB also gained. Political developments, particularly regarding US President-elect Donald Trump, are expected to influence market volatility in the coming weeks.
07:04 11.11.2024

DocMorris shares decline as UBS lowers price target amid disappointing results

DocMorris shares are under pressure as UBS has lowered its price target from 27 to 25 francs, maintaining a "sell" rating after the company's latest quarterly figures fell short of expectations. On October 17, 2024, shares traded at CHF 31.24, reflecting a 1.3 percent decline, indicating investor skepticism and potential short-term challenges. A recent analysis highlights an urgent need for action among shareholders, prompting questions about whether to buy or sell.
08:57 18.10.2024

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