Save for a very brief while at the start of the session, the Switzerland stock market stayed positive on Thursday thanks to sustained buying at several frontline counters.
The benchmark SMI, which edged down to 13,403.78 at the start, climbed to a high of 13,635.13 around mid-afternoon and finally settled at 13,529.65, gaining 66.32 points or 0.49%.
VAT Group climbed nearly 4%. Richemont gained about 2.7%, while ABB and Novartis added 2.1% each. Galderma Group ended 1.1% up.
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Market Analysis
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.