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Swiss Market Ends On Firm Note As Stocks Rise On Late Buying

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

Despite languishing in negative territory till a little past mid-afternoon, the Switzerland market closed on a firm note on Monday thanks to brisk buying at several counters in the final hour.

The benchmark SMI, which slipped to 13,706.29 around noon, ended the session with a gain of 74.49 points or 0.54% at 13,848.51, the day's high.

VAT Group climbed 3%. Sandoz Group gained about 2.25%. ABB and Novartis both gained about 1.7%.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.