The Swiss stock market is showing mild losses in mid-day trading on Tuesday.
Attention is again turned toward Greece, where discussions about an austerity program continue. Corporate news is also making its mark. UBS and Swatch are both generating headlines.
The benchmark SMI is down 0.09 percent to 6,141.49. The SLI has slipped 0.35 percent to 938.39. The SPI is off 0.09 percent to 5,570.37.
Swatch is among the most notable losers on the session. Shares of the watch maker are down 4.1 percent after it released disappointing sales figures.
UBS is also down on the day, falling by 0.7 percent. The banking giant revealed a sharp drop in its quarterly profit, hurt by weakness in its investment banking arm.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.