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Swiss stock exchange continues evolve:
The Swiss Stock Exchange continued to expand its gains Thursday as mid-day approaches. Therefore, like the other markets on the planet, optimistic about negotiations with the United States on customs duties. Similarly, The SMI maintained above the symbolic bar of the 12,000 points.
European scholarships crossed records on Thursday. However, “The fact that the United States continues to negotiate with the European Union (EU) is perceived on the stock. Similarly, market as a sign of strength. In addition. despite the customs duties already in place, growth remains solid, relegating this question to the background while the courses continue their increase, ”notes Jochen Stanzl, analyst at CMC Markets, quoted by AFP.
The objective of the EU is immediately to also obtain the maintenance of customs duties applied to European products at 10%. instead of the 20% announced in early April, with exemptions for key swiss stock exchange continues evolve sectors such as aeronautics, cosmetics and alcoholic beverages. Investors are also digesting Donald Trump announcements on reciprocal customs duties for a new series of countries, including Brazil, 50%surcharged.
“The new announcements that were made after the closing of the American markets on Wednesday. however, report a more aggressive tone of the American president,” said Jim Reid, an economist at Deutsche Bank, quoted by AFP.
The United States will publish weekly unemployed registrations on Thursday afternoon. “a key labor market indicator that can report an economic slowdown”, according to investment experts from Mirabaud.
In Switzerland, the mortgage market continued to move forward last year. The total volume of real estate credits posted an increase of 2.6% to 1271 billion francs.
On the Swiss Stock Exchange, the SMI star index progressed around 11 a.m. from 0.73% to 12,094.56 points. SLI earned 0.83% at 1993.04 points. The SPI, meanwhile, climbed 0.67% to 16,791.77 swiss stock exchange continues evolve points. Of the 31 star values, twenty-eight advanced and only three retreated.
ALCON (+2.6%) jealously kept the lead in the provisional classification, ahead of SIG Group (+2.2%) and Swatch (+1.9%). ABB (+1.6%) failed at the foot of the podium.
The heavy goods vehicles on the Novartis (+0.8%) and Roche (+0.5%) rating also drew the index upwards.
Swiss Re (-0.04%) and Nestlé (-0.09%) fell into the losers’ camp. The red lantern returned to Lindt (-1.4%).
On the extended market, Barry Callebaut (-14.0%) unscrewed after the presentation of its results over nine months. The transformer of cocoa products saw its sales leaping from 49.5% to 10.95 billion francs during its offbeat 2024-2025 fiscal year.
On the other hand, Tecan (+5.0%) flew. Additionally, The laboratory equipment supplier will take leave in August from its managing director (CEO) Alexander von Leoprechting.
DKSH (+1.2%) also gained ground. The distribution service provider makes the stall of swiss stock exchange continues evolve new contracts Thursday. starting with a mandate from the German pharmaco-chemical juggernaut Barpour. (Awp)
Swiss stock exchange continues evolve
Further reading: Valais: a young man committed a dozen criminal offenses – Neuchâtel forests: two engineers appointed to direct the Canton Forests section – Geneva: the dean of amateur fishermen cries his missing friend – Bern: counter-project on regulation limited to bears and wolves – Athletics: Switzerland is condemned in the Semenya case.
