Switzerland's benchmark SMI hit a new record high on Tuesday with stocks staying firm after recovering from a slightly cautious start.
The index rose to a high of 13,288.66 before settling at 13,242.80, gaining 79.14 points or 0.6%.
Roche Holding climbed about 1.4%. Novartis and Richemont gained about 1.3% and 1.2%, respectively.
Swiss Life Holding, Swiss Re, Sandoz Group, Holcim, ABB, Zurich Insurance and UBS Group closed higher by 0.4 to 0.7%.
Straumann Holding ended down by 1.02%. Alcon, Lindt & Spruengli, Sonova, Geberit and Sika lost 0.4 to 0.7%.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.