From Nasdaq: 2025-02-17 13:22:19

The Switzerland market started slow but ended higher, mirroring gains in European markets. The SMI closed up 0.27% at 12,875.08, with defense stocks in focus as leaders met in Paris to discuss security. Straumann Holding, ABB, Swiss Life Holding, and Lonza Group gained 1-1.3%. UBS Group, Zurich Insurance Group, Holcim, Swiss Re, Alcon, Novartis, and Julius Baer rose by 0.3-0.85%. Galderma’s shares rose 1.7% after UK approval for Nemluvio. Sandoz Group fell 3.7%, Sonova dropped 1.19%. Swisscom, SGS, Sika, Schindler Ps, Swatch Group, and Givaudan also ended lower.



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