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Swiss stock market rises as UBS faces pressure from potential capital requirements
The Swiss stock market continued its upward trend, with the SMI rising 0.5% to 12,420 points, fueled by optimism over potential trade deals and peace talks regarding Ukraine. Sika led the blue-chip gains with a 1.9% increase, while UBS faced pressure amid concerns over stricter capital requirements. VAT Group's shares fell 2.6% as it revised its sales growth outlook for 2025-2029.
Swiss stock market gains as economic cyclicals and insurers perform well
Swiss equities showed resilience on Tuesday, with the SMI rising 1% to 11,610 points amid a generally positive market sentiment despite ongoing US tariff disputes. Among the 20 SMI stocks, 15 gained, led by economic cyclicals like ABB, Geberit, and Holcim, while Swiss Re and UBS faced declines due to dividend adjustments. Disappointing results from LVMH negatively impacted Richemont and Swatch shares.
Swiss stock market drops 2 percent amid US tariff concerns
The Swiss stock market fell by 2.09% amid escalating trade tensions following U.S. tariffs, with the SMI index dropping to 12,324.76 points. The technology sector was particularly hard hit, with Logitech down 12%, while UBS in the financial sector also faced a 5% decline. Defensive stocks like Nestlé and Novartis provided some support, but overall losses were significant.
The Swiss stock market closed lower, impacted by US tariffs on cars and parts, with the SMI falling 0.7% to 12,867 points. UBS shares plummeted 4.1% after a downgrade by Bank of America, while Roche and other companies also faced losses. In contrast, Nestlé and Alcon saw gains due to positive developments in their business sectors.
Swiss stock market declines amid US tariff concerns and weak bank performance
The Swiss stock market closed lower, impacted by US tariffs on cars and parts, with the SMI falling 0.7% to 12,867 points. UBS shares plummeted 4.1% after a downgrade by Bank of America, while Roche and other companies also faced losses. In contrast, Nestlé and Alcon saw positive movements due to business developments.
Swiss stock market gains momentum led by UBS and Holcim shares
Swiss equities showed slight gains, with the SMI rising 0.4% to 12,624 points, supported by strong performances from Holcim (+3.7%) and UBS (+3.6%). Optimism among Swiss entrepreneurs and a positive impulse from the Bank of England contributed to the market's mood, despite losses in major pharmaceutical stocks Roche (-1.2%) and Novartis (-0.9%).
us tech stocks face pressure as earnings reports and economic data emerge
US tech stocks faced pressure as Alphabet's shares dropped over 8% following disappointing cloud earnings, while AMD fell nearly 10% amid concerns over its AI processor competitiveness against Nvidia. In contrast, Broadcom rose 4% due to its ties with Alphabet. The dollar weakened amid geopolitical uncertainties and mixed economic data, while gold prices reached a record high.
global markets decline as trump tariffs raise economic concerns
The Swiss stock market closed lower, with the SMI down 0.40% amid global concerns over Donald Trump's new tariffs on key trading partners, which investors fear could harm the economy. While the services sector in Switzerland showed growth, manufacturing faced significant challenges, leading to workforce cuts. Notable stock movements included Julius Bär dropping 12.7% and Lonza rising 2.7%.
Swiss stock market rises as Kühne Nagel and UBS lead gains
The Swiss stock market closed higher on Monday, with the SMI index surpassing 12,000 points for the first time since late October, despite a cautious trading environment ahead of Donald Trump's inauguration. Kühne + Nagel, Lonza, and UBS were among the top gainers, while Zurich and Schindler saw declines. The VSMI volatility index rose by 6.5%, indicating expectations of increased market fluctuations.
analysts update recommendations and price targets for key european stocks
Analysts have made several notable recommendations, including JP Morgan maintaining an Underweight rating for Adecco with a reduced target of CHF 19.60, while Air France-KLM was downgraded by Barclays to Underweight with a target of EUR 7. ArgenX received a buy rating from HC Wainwright & Co, raising its target to 717 USD, and BioMérieux was upgraded to Outperform by Oddo BHF with a target of EUR 132. Other significant changes include upgrades for Deliveroo and Orange, while OVH Groupe remains a sell with a raised target of EUR 8.50.