The Swiss Stock Exchange finished on a positive note on Friday. The SMI has installed again comfortably above the symbolic bar of the 12,000 points. The markets were awaiting the meeting between American presidents Donald Trump and Russian Vladimir Putin in Alaska to find a way out in the war in Ukraine.
If everything is going well, Donald Trump assures that “this meeting will open the way to another”, to three, including the Ukrainian president Volodymyr Zelensky. The White House tenant hinted that a tripartite summit could be held very quickly, also in Alaska. But when he arrived in Anchorage, the chief of Russian diplomacy, Serguei Lavrov, seemed more reserved for the outcome of the meeting.
In New York, Wall Street evolved without clear direction in the morning, investors leaning over a new series of halftone economic data, while the Dow Jones was carried by the health insurer Unitedhealth.
The SMI advanced 0.61% to 12,074.33 points, higher at 12,095.09 points and lower at 12,052.52 points. The SLI gained 0.43% at 2000.59 points and the SPI took 0.42% to 16,768.59 points. Of the 31 star values, 18 gained ground, 12 lost and Sika ended up in balance.
Roche (+2.4%), Alcon (+1.6%) and Julius Bär and Sandoz Group (each+1.2%) ended up on the podium.
The other two heavyweights Nestlé (+0.4%) and Novartis (+0.9%) also advanced.
The other UBS banking (+0.5%) also had favors on the coast.
The specialist in generics and biosimilars took advantage of the statements of its director general in the press. He considers himself relatively spared by customs duties recently applied to imports to the United States. “Their impact is modest and amounts to around 25 million francs this year and up to 45 million next year,” said boss Richard Saynor in the newspaper L’Gefi.
The Swiss Re restoring (+0.5%) resumed a little altitude after finishing red lantern the day before in the wake of its good half -yearly results and the confirmation of its prospects for the whole of the current exercise.
VAT Group (-2.9%) finished red lantern, behind the right schindler (-1.4%) and SGS (-0.9%).
The industrial chocolate maker Lindt & Sprüngli (-0.4%) could relocate Germany to the United States the production of rabbits and other chocolate figurines, in order to bypass 15% customs duties on EU imports that the Trump administration decreed, according to Bloomberg.
On the enlarged market, the rate reductions operated by the Swiss National Bank (SNB) largely affected the performance of the Cantonal Glaris Bank (GLKB, -0.5%) in the first half. Touched in its core business, credit, the establishment has seen its recipes retreat and its profit melted by a fifth.
Swiss Prime Site (SPS, -1.3%) expanded its portfolio with the acquisition of an office building in Bussigny, in the west of Lausanne. Rental income is expected at around 4.75 million francs.
Mobilezone (-5.5%) suffered in particular from the vigor of the franc and the reorganization of its affairs in Germany. Net profit bent at 17.6 million francs, against 19 million at the end of June 2024.
Santhera (+1.0%) agreed with the New York specialist in Relais Relay Highbridge Capital Management to extend the date of a convertible loan of 7 million francs to September 30.
U-Blox (+24.4%) confirmed to be negotiating with the American investment company Advent International for a possible resumption of the Zurich firm by Advent. (Awp)
