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European Commentary

Swiss Market Ends Modestly Higher; Givaudan Soars On Rating Upgrade

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Switzerland market started off on a slightly weak note on Tuesday but swiftly moved into positive territory and then stayed firm throughout the session to close modestly up.

The benchmark SMI, which edged down to 13,275.93 at the start climbed to 13,468.73 in the final hour before settling at 13,356.31, gaining 35.32 points or 0.27%.

Givaudan climbed about 7.5% following rating upgrades from JP Morgan and Deutsche Bank.

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