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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.
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 Prime Site AG
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Swiss stock market maintains upward trend amid trade war concerns
United States Dollar
British Pound Sterling
Euro
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Leonteq AG
Swiss Prime Site AG
StarragTornos Group AG
Novartis AG
Swisscom AG
Hoffmann-La Roche AG
Logitech International S.A.
Nestlé S.A.
Temenos AG
Kuehne + Nagel International AG
Compagnie Financière Tradition SA
CHE
GBR
DEU
Ricardo Evangelista
Walter Fust
Philip Jefferson
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11:41 06.02.2025
Swiss stock market opens higher amid improving US and European sentiment
United States Dollar
Straumann Holding AG
Swiss Prime Site AG
Givaudan SA
RICHEMONT, Intellectual Property Services
Hoffmann-La Roche AG
Novartis AG
Swiss Re AG
Nestlé S.A.
Kuehne + Nagel International AG
CHE
Ipek Ozkardeskaya
Philip Jefferson
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09:44 06.02.2025
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