After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
The mood in the market remained fairly positive despite Middle East tensions, and fears of possible rate hikes by the Federal Reserve in the foreseeable future.
The benchmark SMI, which dropped to 13,312.39 mid way through the session, ended with a gain of 107.02 points or 0.8% at 13,463.33, slightly off the day's high.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.