Despite lingering concerns about Middle East tensions, the Switzerland market closed on a strong note on Thursday, led by impressive gains in several big name stocks, including Nestle and Roche. The benchmark SMI ended with a gain of 180.43 points or 1.38% at 13,248.06, near the day's high of 13,261.44.
Galderma Group climbed 6.6%. Nestle gained nearly 6%, and Roche gained 3.75%.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.