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European Commentary

Swiss Stocks Edge Higher

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Swiss stock market edged higher on Tuesday, bouncing back after some recent weakness.

The day was marked by continuing uncertainty about Spain and Italy, with worries that the general euro-zone debt crisis will once again flare up. Bond auctions in Spain and Italy took place at high interest rates.

The benchmark SMI showed a loss earlier in the day, but managed to close 0.22 percent higher at 5,941.82. The SLI ticked down 0.05 percent to 881.19. The SPI advanced 0.11 percent to 5,528.14.

Adecco was one of the notable gainers on the session, rising by 3 percent. The temporary employment agency has launched a share buyback program of up to 400 million euros.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

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.