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 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.