Swiss Stock Market Ticks Higher On Wednesday

(RTTNews) - The Swiss stock market spent most of Wednesday's trade under water before a late rally nudged it up into positive territory going into the close.

The higher finish allowed the SMI to snap the two-day losing streak in which it had given up more than 80 points or 0.7 percent.

The performance was mostly in line with other European markets, which hugged the line and finished mixed as investors fretted about potential inflationary pressures arising from U.S. President-elect Donald Trump's proposed tariff policies.

Investor sentiment was also dented as the risk premium investors demand to hold French debt rose to its highest level since 2012 amid fiscal and political turbulence and angst over the fate of the new government.

For the day, the SMI rose 11.13 points or 0.10 percent to finish at 11,644.01 after trading between 11,583.01 and 11,653.26.

Among the individual components, Lonza Group tumbled 2.64 percent, while Adecco Group jumped 1.82 percent, ABB retreated 1.05 percent, Novartis rallied 0.89 percent, Sika sank 0.87 percent, Nestle improved 0.69 percent, Swisscom added 0.50 percent, UBS slumped 0.32 percent, Swiss Life slid 0.22 percent, Zurich Insurance eased 0.07 percent and Swatch Group was unchanged.

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。