The Swiss stock market is showing a modest gain during mid-day trading on Friday, boosted by a generally positive trend throughout Europe.
Shares plunged on Monday, with the benchmark SMI dropping about 1.4 percent. Since then, the market has edged steadily higher, regaining a portion of its losses despite lingering concerns about the European debt situation and worries about growth in some of the world's biggest economies.
The SMI is up 0.26 percent to 6,485.98. The SLI is up 0.37 percent to 1,011.47. The SPI is higher by 0.23 percent to 5,960.94.
If Friday's gains hold into the close, it would mark the fourth consecutive day of advances. Still, stocks are off its high for the session, and the rise in Switzerland is less pronounced than the other major markets in Europe. The Swiss franc reached a new all-time high versus the Euro, with the strong currency holding back shares of exporters.
France is up more than 1 percent, Germany is up 0.4 percent and the U.K. is posting a 0.9-percent gain.
Among the blue chip Swiss stocks, Baloise is one of the best performers. Shares are up 1.3 percent amid positive analyst comments.
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