Swiss Market Ends On Upbeat Note

From Nasdaq: 2025-04-14 13:30:00

Swiss stocks closed higher as White House announced tariffs on Chinese electronics would not apply, leading to a strong gain of 2.31% for the SMI index. Logitech, VAT Group, and Roche Holding all saw gains, while Sandoz Group filed an antitrust lawsuit against Amgen. UBS Group, SIG Group, and Swiss Re also climbed. Clariant surged on talks of exploring strategies to align valuation with performance. In economic news, Switzerland’s producer and import prices slightly declined in March, with a 0.1% drop year-on-year. Monthly producer and import prices rose 0.1% in March.



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