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The Swiss stock market closed positively on Friday, with the SMI rising 0.46% to 11,762.20 points, buoyed by Wall Street's gains. In the Eurozone, inflation increased to 2.3% in November, while Switzerland's GDP grew by 0.2%. Notable stock movements included ABB (+1.6%) and SIG Group (-1.5%).
The Swiss stock market declined, with the SMI closing at 11,967.70 points, as caution prevails ahead of the US presidential election. UBS reported a significant Q3 net income of $1.4 billion, yet its stock fell by 4.5% amid profit-taking. Economic indicators suggest a moderately negative outlook for Switzerland, with the KOF Economic Barometer dropping below the long-term average.
SIG Group AG
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Swiss stock market ends week positively amid mixed economic signals
Swiss Franc
Euro
United States Dollar
Swisscom AG
PIERER Mobility AG
Novartis AG
The Swatch Group AG
RICHEMONT, Intellectual Property Services
Cicor
Bank of America Corporation
UBS
ABB Ltd
Dottikon ES Holding AG
Hoffmann-La Roche AG
Lonza Group AG
Julius Bär
SIG Group AG
Sandoz Group AG
Nestlé S.A.
CHE
Laurent Perves
Jérôme Lambert
Louis Ferla
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18:02 29.11.2024
Swiss stock market declines as caution prevails ahead of US election
United States Dollar
Straumann Holding AG
UBS AG
Credit Suisse Anlagestiftung
Swatch AG
Geberit AG
SIG Group AG
Sandoz Group AG
CHE
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Joe Biden
Donald Trump
Chris Low
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18:02 30.10.2024
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