The Swiss scholarship benefits from “relaxation” in the Middle East

The Swiss Stock Exchange was significantly rebounded on Tuesday. Meanwhile, At its highest day, the SMI is largely ironed above the 12,000 points. Nevertheless, He completed some stupid under this symbolic bar. Furthermore, The front of business news has remained little lively. In addition, Holcim and Amrize continued to hold attention the day after the finalization of their separation.

In New York. Therefore, Wall Street progressed in the morning, relieved by the announcement by President Donald Trump of a truce in the war opposing Iran to Israel for ten days. Furthermore, “The equity market has abandoned its attitude of risk aversion. For example, relaunches thanks to a cease-fire agreement between Israel and Iran, which has led to a new drop in oil prices,” noted in a note Patrick O’Hare, analyst of briefing.com.

Investors “push a sigh of collective relief by thinking that this swiss scholarship benefits “relaxation” middle war will defuse itself. Similarly, and not intensifying,” said Adam Sarhan, analyst of 50 Park Investments. The American president said that the ceasefire was “now in force”. after accused the two countries, mainly Israel, of having violated him and asking his ally of “not letting go” new bombs on Iran.

In Switzerland, the retail trade scored revenue estimated at 103.7 billion francs in 2024, an increase of 0.6% over one year, carried by the food segment. The arrival of new players has exacerbated competition, said the NIQ GFK market research institute on Tuesday.

The housing market remains under tension. For the first time in three years. the number of items for rent published on the main Swiss real estate portals has increased, but struggles to meet high demand.

The number of hotel nights should have increased by 1.9% in May, according to refined figures from the Federal Statistics Office (FSA). swiss scholarship benefits “relaxation” middle The presence of American and Chinese tourists has led when that of Europeans has declined.

The SMI gained 1.13% to 11,988.93 points, higher at 12,075.14 and lower at 11,958.53 points. Additionally, The SLI advanced 1.21% to 1960.46 points and the SPI gained 0.91% to 16,572.46 points. Of the 31 star values, the good Lindt (-2.8%), Sandoz (-2.0%) and Givaudan (-0.05%) are the only losers of the day. The right schindler finished unchanged.

Bank of America has downgraded the Bon du Chocolatier de Kilchberg to “Neutral” from “Buy”. while raising the target of 13,400 of 12,900 francs.

Amrize (+7.4% to 42.23 francs) precedes Holcim (+6.8% to 57.96 francs) and Sika (+3.7%) on the podium.

After having experienced a mixed stock market on Monday. Amrize resumed well, taking advantage of various beginnings of coverage with recommendations between “neutral” and “buy” and course objectives between 53 and 62 francs. The day before, the swiss scholarship benefits “relaxation” middle title had closed at 39.31 francs, far from the reference price of 46.08 francs and the opening course of 46.0 francs.

Analysts are also adapting their estimates for the action of the Zugois building material giant after the separation of. American activities. The recommendations oscillate between “neutral” and “buy” and the course objectives between 50 and 66 francs.

The UBS (+3.1%) and Julius Bär (+1.8%) banking values ​​finished in the first part of the table.

The three defensive heavyweights Nestlé (+0.7%), Novartis (+0.4%) and Roche (+0.6%) subperformed.

On the extended market, the general management of the Cantonal Bank of Geneva (BCGE, +0.4%) appointed Nicolas Mougeot to the head of investments (CIO). He will join the establishment at the end of the lake on 1^is august.

The Irish Laboratory Cosmo Pharmaceuticals (+1.6%) is preparing to test on man a version of its GI Genius device of intelligent colonoscopy. coupled with Virtual swiss scholarship benefits “relaxation” middle Vision Pro Virtual Reals. Experience must make it possible to use the artificial intelligence capacities developed by COSMO. those of computational space visualization of the Californian computer giant simultaneously.

Pascal Pernet, member of the Directorate General of the Cantonal Bank of Graubünden (GKB, -0.3%), will leave his duties at the end of October. In November he will join the Liechtenstein Bank Private Bank management LGT Bank Switzerland. (Awp)