Swiss Market Ends On Bright Note

(RTTNews) - The Switzerland market ended on a bright note on Monday after staying firm right through the day's session, amid optimism about strong corporate performance and expectations of further monetary easing by global central banks.

The benchmark SMI, which climbed to 11,952.06 around mid morning, ended the day with a gain of 105.07 points or 0.89% at 11,902.79.

Swiss Re climbed 3.55% after UBS raised the stock's rating to "buy" and the target price to 136 Swiss francs from 106 francs.

Sika, Partners Group, UBS Group, Holcim and Givaudan gained 1.5 to 2.1%.

Zurich Insurance Group, ABB and Sandoz Group ended higher by 1.2 to 1.35%. Alcon, Roche Holding, Swatch Group, Straumann Holding, Richemon, VAT Group, SGS, Sonova, Adecco and Lonza Group also posted strong gains.

Kuehne + Nagel closed down 1.1%. SIG Group lost 0.7% and Julius Baer edged down marginally.

LIKE.TG：汇集全球营销软件&服务，助力出海企业营销增长。提供最新的“私域营销获客”“跨境电商”“全球客服”“金融支持”“web3”等一手资讯新闻。

点击【联系客服】 🎁 免费领 1G 住宅代理IP/proxy， 即刻体验 WhatsApp、LINE、Telegram、Twitter、ZALO、Instagram、signal等获客系统，社媒账号购买 & 粉丝引流自助服务或关注【LIKE.TG出海指南频道】、【LIKE.TG生态链-全球资源互联社区】连接全球出海营销资源。