The Switzerland stock market ended on a firm note on Tuesday, tracking the positive trend seen across the globe amid optimism about economic recovery despite a surge in new coronavirus cases in several countries.
The benchmark SMI ended with a gain of 95.43 points or 0.94% at 10,246.56, after moving between 10,180.81 and 10,265.82.
Richemont surged up 3.65%. Swatch Group, UBS Group and Swiss Re moved up 2.3 to 2.7%. Credit Suisse and Swiss Life Holding both ended higher by about 2%.
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Forex News
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.