The Swiss stock market is showing modest strength in mid-day trading on Tuesday. Returning to work after the three-day weekend, traders pushed shares higher amid inflation data out of China and positive signs from the U.S. pre-market.
However, sentiment remains cloudy, as concerns persist about the lingering debt crisis in Europe. On Monday, debt rating agency Standard & Poor's lowered its opinion on Greek debt to triple-C. This afternoon, economic news out of the U.S. will help define the tone of trading.
The benchmark SMI is up 0.65 percent at 6,237.64. The SLI is up 0.47 percent at 969.77. The SPI is up 0.5 percent at 5,735.30.
Cyclical stocks have performed well during the morning. SGS is up 2.1 percent, Kuehne + Nagel is up 1.6 percent, Syngenta is up 1.1 percent and Holcim is higher by 1.1 percent.
There is also strength in the financial sector, despite the ongoing worries about Greece. UBS is up 1.5 percent, CS is higher by 0.7 percent. and Julius Baer is posting a 0.8-percent advance.
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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.