Swiss Market Ends On Bright Note
From Nasdaq.: 2025-05-02 13:36:00
Switzerland’s stock market closed strong on Friday, with the SMI index up 1.13% at 12,253.79. ABB was the top gainer, rising 4.63%, followed by Straumann Holding, Logitech International, and Julius Baer. Sandoz Group gained 2.7% after a rating upgrade, while several other companies saw increases of 1.6 to 3.78%. However, Schindler Ps closed down 1.6%. In economic news, the Swiss procure.ch Manufacturing PMI dropped to 45.8 in April, a nine-month low, according to a report from UBS. Trade tensions eased after China expressed willingness to hold talks with the U.S.
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