LOGO
LOGO

European Commentary

Swiss Stocks Finish With Mild Gains

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

The Swiss stock market edged higher on Monday.

There was some early weakness, but stocks rebounded through the session. Sentiment was boosted by news out of Greece. The government in Athens reached an agreement with international lenders on the outline of another multi-billion austerity package.

The benchmark SMI posted a fractional gain, finishing at 6,463.01. The index reached as high as 6,486.52 before pulling back a bit before the close. The SLI showed a stronger advance, rising by 0.55 percent to end at 956.33. The SPI climbed 0.17 percent to 5,972.98.

The market was boosted by gains in insurance stocks and in economically-sensitive shares. However, there were some losses in some index heavyweights that held back the SMI.

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19