Zurich Stock Exchange: SMI opens in a calm

Zurich (AWP) – The Swiss Stock Exchange recorded first positive exchanges but without large waves on Wednesday. Therefore, after a fence in the red the day before. Meanwhile, The attention of investors remains retained by the evolution of commercial negotiations between the United States and its business partners.

“The European markets are expected to be slightly withdrawn. In addition, penalized by the uncertainties linked to American tariff policies and the calendar of the rate of the Federal Reserve (Fed),” said John Plassard in his morning note for Cité Gestion. For example, “The publication of inflation figures in the United States has rekindled the doubts of investors about a rapid action. However, by Jerome Powell on guiding rates.”

US President Donald Trump announced on Tuesday on his Truth Social network to have come to a trade agreement with Indonesia. which could allow the country zurich stock exchange: smi opens of Southeast Asia to avoid being imposed on customs duties beyond the 10% floor imposed by Washington.

The New York Stock Exchange finished in dispersed order. The Nasdaq index, which took advantage of the climb of Nvidia, won 0.18% reaching a new record at 20,677.80 points. The enlarged S&P 500 index lost 0.40% and the Dow Jones fell 0.98%.

European places have plunged into uncertainty. Additionally, The Paris Stock Exchange finished down 0.54%, Frankfurt lost 0.42%, London and Milan gave 0.66%.

In the United Kingdom, inflation increased at 3.6% in June, compared to 3.4% in May. A figure greater than analysts’ expectations, the National Statistics Office (ONS) announced on Wednesday.

Inflation in the United States as well as production prices and industrial production are expected.

Around 9:10 am, the SMI star index was up 0.13% to 11,916.43 points, the SLI also from 0.04% to 1970.20 points, and the SPI from 0.08% to 16,612.64 points. The zurich stock exchange: smi opens thirty -one star values were almost fairly shared between green and red.

First place returned to Partners Group (+7.3%). The specialist in investment in private markets. saw his mass under management (AUM) settled at 174 billion dollars in the first half of a year.

The luxury giant Richemont (+2.3%) continued to progress in the first quarter of its staggered 2025/26 fiscal year. closed at the end of June, with a turnover of 5.4 billion euros (5 billion Swiss francs), up 3%.

Regarding the three heavy goods vehicles, the good rock advanced by 0.2%, nestlé by 0.1%, while Novartis fell 0.3%.

Sika (-1.1%) displayed the highest drop, with Logitech (-0.9%) and Holcim (-0.8%).

On the enlarged market, Belimo (+3.0%) benefited from an increase in course objectives by Berenberg. And, VAT (-2.7%) indirectly suffered from the figures of the ASML technological giant which announced on Wednesday an increase in its net profit in the second quarter. while zurich stock exchange: smi opens expressing its uncertainty as to its growth in 2026.

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