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Swiss stock market gains as defensive stocks rise amid geopolitical tensions

The Swiss stock market experienced notable gains on Friday, driven by demand for defensive stocks amid geopolitical tensions related to Russia's nuclear strategy. Roche rose by 1.3%, Novartis by 2.3%, and the SMI index increased by 1.1% to 11,717 points, with 19 of the 20 SMI stocks gaining. The euro's recovery against the franc also supported the market, while Zurich Insurance climbed 1.0% following positive analyst feedback.
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Euro Swiss Franc EFG International AG Komax Nestlé S.A. Hoffmann-La Roche AG Novartis AG Zurich Insurance Group AG CHE Show more
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17:45 22.11.2024
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