From Nasdaq: 2025-05-15 13:39:00

Swiss stocks closed higher on Thursday, with the SMI index gaining 0.78% after data showed strong Q1 economic expansion. Givaudan rose 2.53%, SGS gained nearly 2%, and Swisscom and Nestle closed higher by about 1.65%. Other gainers included Schindler Ps, Novartis, Sandoz Group, Swiss Re, Zurich Insurance, Roche Holding, and Sonova. VAT Group closed down 1.1%. Switzerland’s economy expanded by 0.7% in Q1 2025, the strongest growth since Q1 2023. Producer and import prices dropped by 0.5% year-on-year in April 2025, marking the 24th consecutive period of producer deflation.



Read more at Nasdaq: Swiss Market Shrugs Off Weak Start, Ends On Firm Note