Despite lingering concerns about Middle East tensions, the Switzerland market closed on a strong note on Thursday, led by impressive gains in several big name stocks, including Nestle and Roche. The benchmark SMI ended with a gain of 180.43 points or 1.38% at 13,248.06, near the day's high of 13,261.44.Galderma Group climbed 6.6%. Nestle gained nearly 6%, and Roche gained 3.75%.Swiss food and bev...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.