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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.

swiss stock exchange declines as investors react to economic uncertainties

The Swiss stock exchange closed lower, with the SMI down 0.26% at 11,384.92 points, marking a 3% loss over the week and reducing year-to-date gains to just 2%. Investor uncertainty stems from the Federal Reserve's cautious approach to interest rate cuts and concerns over a potential U.S. government shutdown. Notable declines were seen in UBS, Partners Group, and various insurance companies, while Idorsia plummeted 50.35% due to delays in drug negotiations.

UBS maintains buy rating for Gerresheimer with target price of 132 euros

UBS has maintained a "Buy" rating for Gerresheimer, setting a target price of 132 euros. Analyst Olivier Calvet highlighted that data on Novo Nordisk's weight-loss drug CagriSema could significantly impact Gerresheimer, positioning it favorably against competitors like Ypsomed.
10:48 29.11.2024

ubs maintains buy rating on gerresheimer with target of 132 euros

UBS has maintained a Buy recommendation for Gerresheimer, setting a price target of 132 euros. Analyst Olivier Calvet notes that data from the study on Novo Nordisk's weight-lowering drug CagriSema could significantly impact the company's stock, as Gerresheimer is a key supplier.
09:48 29.11.2024

ubs maintains buy rating for gerresheimer with target price of 132 euros

UBS has maintained a "Buy" rating for Gerresheimer, setting a target price of 132 euros. Analyst Olivier Calvet highlighted that data from Novo Nordisk's weight-loss drug CagriSema could significantly impact Gerresheimer, positioning it favorably against competitors like Ypsomed.
08:49 29.11.2024

ubs maintains buy rating for gerresheimer with target price of 132 euros

UBS has maintained its "Buy" rating for Gerresheimer, setting a target price of 132 euros. Analyst Olivier Calvet noted that study data on Novo Nordisk's weight-loss drug CagriSema could significantly impact Gerresheimer, positioning it favorably against competitors like Ypsomed.
08:04 29.11.2024

ubs maintains buy rating for gerresheimer with target price of 132 euros

UBS has maintained a 'Buy' rating for Gerresheimer, setting a target price of 132 euros. Analyst Olivier Calvet noted that data from Novo Nordisk's weight-lowering drug CagriSema could positively impact Gerresheimer, positioning it favorably compared to Ypsomed. Schott Pharma and Stevanto remain unaffected.
07:51 29.11.2024

ubs upgrades gerresheimer to buy with target price of 132 euros

UBS has upgraded Gerresheimer to a 'Buy' rating with a target price of 132 euros. Analyst Olivier Calvet noted that data from Novo Nordisk's weight-lowering drug CagriSema could significantly impact Gerresheimer, positioning it favorably compared to competitors like Ypsomed.
07:04 29.11.2024

swiss small and mid caps show resilience amid economic challenges

Swiss small and mid-cap companies present intriguing opportunities for portfolio diversification, particularly in sectors like medtech, which has outpaced the Swiss economy with 6% growth over the past decade. While some sectors face challenges, such as food and automotive, others, especially those linked to artificial intelligence and pharmaceuticals, are thriving. Current valuations in this segment are below historical averages, indicating potential for growth despite a seemingly unfavorable environment.
07:00 14.11.2024
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