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 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.