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Swiss Market Ends On Firm Note; Richemont Rises Nearly 7%

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

Despite struggling for direction till a little past mid-afternoon, the Switzerland market closed on a firm note on Wednesday thanks to some strong buying at a few frontline counters in the last couple of hours of the session.

The benchmark SMI ended up by 65.54 points or 0.46% at 14,307.31. The index, which dropped to 14,141.15 in early trades, hit a high of 14,322.08 in the final hour.

Richemont climbed 6.7% after reporting first quarter Group sales at 6.3 billion euros, up by 20% at constant exchange rates and by 17% at actual exchange rates.

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Global Economics Weekly Update - Sep 07 – Sep 11, 2026

September 11, 2026 16:26 ET
Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.