Swiss Market Ends On Strong Note

(RTTNews) - After opening slightly up Wednesday morning, the Switzerland market advanced further as the day progressed to eventually end the session on a bright note.

The benchmark SMI settled with a strong gain of 100.11 points or 0.75% at 13,464.84 after recording a new all-time high of 13,489.51.

Kuehne + Nagel, the top gainer in the SMI index, moved up 4.3%. Sandoz Group climbed nearly 3.5% and Novartis advanced by 2.15%.

Nestle, Swisscom, Swiss Re and Galderma Group gained 1.7 to 1.8%. Sika, Holcim and Schindler Ps moved up by 1 to 1.3%, while Roche Holding, Logitech International, Zurich Insurance, Givaudan, Geberit and Julius Baer posted moderate gains.

Amrize ended lower by 2.79%. VAT Group drifted down 1.4%, while ABB and Alcon both closed down by 1.12%.