The Swiss Stock Exchange finished on a clearly positive note on Wednesday, after two negative sessions. As elsewhere on the financial markets, investors welcomed the conclusion of a trade agreement between the United States and Japan. The SMI took the opportunity to go over the symbolic bar of the 12,000 points, while the results season is in full swing.
The agreement announced by US President Donald Trump “strengthens the hope of seeing other similar agreements concluded with other major economies on August 1,” observed John Plassard, Cité de Cité Gestion in charge of the investment strategy.
In New York, Wall Street evolved in the green in the morning, satisfied with the conclusion of a trade agreement between Tokyo and Washington, and pending the quarterly publications of Tesla and Alphabet (Google) after the closure.
The SMI advanced 1.54% to 12,077.07 points, higher at 12,081.80 points and lower at 11,990.29 points. The SLI advanced 1.49% to 2002.62 points and the SPI gained 1.28% to 16831.13 points. Of the 31 star values, VAT Group (-9.7%), SGS (-0.3%) and the right Lindt (-0.1%) are the only losers.
Vat Group has recorded growth in all of its activity sectors in the first half, in particular in that of booming semiconductors. However, the relatively low level of command entries disappointed the market.
The podium of the day consists of Swatch Group (+6.0%), Alcon (+3.4%) and Straumann (+3.3%).
The Lonza pharmaceutical subcontractor (+2.8%) garnered revenue up sharply in the first half, turning the page of the difficulties linked to the end of the contract with Moderna last year. Annual financial objectives are revised upwards in its main activity, pharmaceutical subcontracting.
In the heavy goods vehicle camp, Roche (+2.8%) precedes Novartis (+1.1%) and Nestlé (+0.3%).
Roche will publish its half -yearly results on Thursday and the analysts interviewed by AWP count on sales up 30.8 billion francs, while the basic operating result (EBIT) should slightly grow at 11.6 billion.
Nestlé will also announce its results in the first half of Thursday. Experts rely on organic growth of 2.9%, compared to 2.1% a year earlier.
The Kühne+Nagel Logistics and Transport Group (+2.6%) also publishes its results in the 2nd quarter on Thursday. Analysts expect a turnover of 6.7 billion francs and a net profit of 254 million.
On the enlarged market, V-Zug (-16.9%) experienced a difficult first semester, its flexing sales by 4.5%, while the EBIT collapsed by 66%and the net profit was divided by more than five.
AMS OSRAM (-10.9%) saw its turnover and its gross operational profitability decline from April to the end of June in annual comparison. However, it confirms its annual ambitions.
The CICOR industrial group (-3.5%) noted its financial prospects for the whole of the current financial year, after having recorded a strong increase in its results over the first six of the year.
Medmix (-5.4%) saw its results weaken over the first six months of the year. Management has confirmed its medium -term objectives.
Cosmo Pharmaceuticals (-2.7%) saw its semi-annual recipes fall. He claims to continue to maintain a strict cost policy and raised his goals for 2025.
Temenos (+23.8%) unveiled a net growth in the second quarter on Tuesday evening, its performance going far beyond market forecasts.
EFG International (+3.2%) recorded a record net profit over the first six months of the year. The management says he is confident to exceed his 2025 objectives. (AWP)
