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Swiss stock market maintains upward trend amid trade war concerns
The Swiss stock market maintained its upward momentum at midday, with the SMI up 0.44% as concerns over the US-China trade conflict lingered. UBS led gains at +1.9%, while Temenos rose 1.4% after selling its fund management unit. However, Leonteq faced an 8.4% drop following regulatory sanctions.
Swiss stock market opens higher amid improving US and European sentiment
The Swiss stock market opened higher on Thursday, continuing its positive trend from the previous day, buoyed by favorable US data and easing trade tensions. The SMI rose 0.19% to 12,604.86 points, with UBS leading gains at +1.6%, while Nestlé and Roche weighed on the indices. The unemployment rate in Switzerland surpassed 3% in January, reflecting a 20% increase compared to the previous year.
Swiss stock market rises as Kühne Nagel and UBS lead gains
The Swiss stock market closed higher on Monday, with the SMI index surpassing 12,000 points for the first time since late October, despite a cautious trading environment ahead of Donald Trump's inauguration. Kühne + Nagel, Lonza, and UBS were among the top gainers, while Zurich and Schindler saw declines. The VSMI volatility index rose by 6.5%, indicating expectations of increased market fluctuations.
Kühne + Nagel Faces Major Losses as DSV Thrives in 2024
Kühne + Nagel has faced significant losses in the Swiss market in 2024, making it the worst performer among leading companies. In contrast, Danish competitor DSV is gaining investor favor, particularly as the logistics sector anticipates changes in global trade following Donald Trump's election and potential import tariffs.
Pharmaceutical Logistics Market Set for Rapid Growth and Expansion by 2028
The pharmaceutical logistics market is projected to grow from $112.31 billion in 2023 to $124.81 billion in 2024, driven by rising demand for pharmaceutical products and facility expansions. By 2028, the market is expected to reach $191.18 billion, with a CAGR of 11.2%, highlighting trends in security, supply chain optimization, and green logistics initiatives. Major players include McKesson Corporation, FedEx Corp, and Cardinal Health Inc.
global third party logistics for healthcare market projected to reach 350 billion by 2032
The global Third Party Logistics for Healthcare market is projected to reach USD 350.2 billion by 2032, growing at a CAGR of 9.86% from 2024. Key players like Kuehne + Nagel and UPS are driving growth through strategic collaborations and technological advancements across various service types and regions.
healthcare logistics market poised for significant growth driven by pharmaceutical sales
The healthcare logistics market is projected to grow from $85.38 billion in 2023 to $134.03 billion by 2028, driven by rising global pharmaceutical sales and the demand for specialized logistics. Key trends include the integration of advanced technologies and collaboration between logistics providers and healthcare institutions. North America remains the largest and fastest-growing region in this sector.
growth trends in healthcare logistics and market insights for 2029
The healthcare cold chain logistics market is segmented by product type, services, delivery mode, and storage techniques, with key players including AmerisourceBergen Corporation and American Airlines Inc. The Asia Pacific blood glucose monitoring system market is projected to grow at 9.5% CAGR, reaching nearly $6.8 billion by 2029, while the gene editing market is expected to expand from $5.1 billion in 2021 to $19.17 billion by 2029, growing at 18% CAGR. Additionally, the global overactive bladder treatment market is anticipated to reach $6.67 billion by 2029, growing at a CAGR of 2.9%.