The Swiss stock market is showing a modest gain during mid-day trading on Friday, boosted by a generally positive trend throughout Europe.
Shares plunged on Monday, with the benchmark SMI dropping about 1.4 percent. Since then, the market has edged steadily higher, regaining a portion of its losses despite lingering concerns about the European debt situation and worries about growth in some of the world's biggest economies.
The SMI is up 0.26 percent to 6,485.98. The SLI is up 0.37 percent to 1,011.47. The SPI is higher by 0.23 percent to 5,960.94.
If Friday's gains hold into the close, it would mark the fourth consecutive day of advances. Still, stocks are off its high for the session, and the rise in Switzerland is less pronounced than the other major markets in Europe. The Swiss franc reached a new all-time high versus the Euro, with the strong currency holding back shares of exporters.
France is up more than 1 percent, Germany is up 0.4 percent and the U.K. is posting a 0.9-percent gain.
Among the blue chip Swiss stocks, Baloise is one of the best performers. Shares are up 1.3 percent amid positive analyst comments.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.