BRUSSELS (dpa-AFX) - The Switzerland stock market climbed to a new high on Friday, shrugging off a somewhat sluggish start, as investors continued to bet on hopes the economy will see a significant
As the market demand for sustainable aviation fuel (SAF) continues to rise, the premium on sustainable fuel options emphasizes the need for government incentives surrounding subsidized research, production and adoption of SAF in order to make the fuel alternative more accessible. Panelists weighed in on SAF during a live session on sustainability at today’s Cargo […]
BRUSSELS (dpa-AFX) - The Switzerland stock market, which briefly rebounded into positive territory after a weak start Thursday morning, suffered another setback post noon but recovered to close
BRUSSELS (dpa-AFX) - The Switzerland stock market ended on a positive note on Wednesday, in line with the trend seen across Europe, as continued optimism about global economic recovery underpinned
Swiss Market Ends Higher For 4th Straight Session
BRUSSELS (dpa-AFX) - The Switzerland stock market ended higher on Wednesday, extending gains to a fourth straight session, amid continued optimism about global economic recovery.
A report from Credit Suisse & CFA Society Switzerland said the Swiss investor sentiment index rose by 3.9 points from the previous month to a new record high of 72.2 in May 2021, pointing to a strong economic recovery over the next six months.
The benchmark SMI, which hit a fresh record high at 11,382.32, ended the session with a gain of 43.00 or 0.38% at 11,348.74.
Richemont shares climbed more than 3%, as investors continued to pick up the stock following strong quarterly results. SGS advanced 2.05%, Swatch Group gained 1.85% and Alcon moved up 1.1%. Novartis, Sika, Givaudan, Roche Holding and Lonza Group ended with modest gains.