Swiss Market Ends Modestly Higher
(RTTNews) - The Switzerland market ended modestly higher on Friday after holding in positive territory right through the day's session.
The benchmark SMI, which moved between 11,231.49 and 11,300.86, ended with a gain of 25.77 points or 0.23% at 11,239.68.
UBS Group climbed 2.63%. ABB, Zurich Insurance Group and Logitech International ended higher by 1.1 to 1.3%.
Swiss Life Holding, Swiss Re, Holcim and Lonza Group advanced 0.6 to 0.75%.
Kuehne & Nagel ended down 1.45%. Givaudan, Geberit and Novartis lost 0.8 to 1%. Sonova, Partners Group, Alcon and Sika ended nearly 0.5% down.
In the Mid Price Index, Meyer Burger Tech soared more than 12%. Avolta gained about 2.15%. Flughafen Zurich, Baloise Holding and Georg Fischer gained 1.4 to 1.65%.
Adecco, Julius Baer, SIG Combibloc, Temeons Group and Helvetia posted moderate gains.
Straumann Holding and Tecan Group lost 2.1% and 1.9%, respectively. Swatch Group and Galenica Sante both ended nearly 1.5% down.
Ems Chemie Holding, VAT Group, Clariant and ams OSRAM AG also ended weak.
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