(RTTNews) – After a savvy start, the Swiss inventory market continued its gains as the consultation progressed on Wednesday, but still checked to signal a positive note, as some top-line inventories checked to find support.
A business trend in European markets and on Wall Street helped confidence.
The benchmark SMI index ended 21. 68 issues or 0. 17% at 12,432. 79, just about 60 issues less than the session high of 12,491. 18.
Richemont rose 2. 3%. Swatch Group gained about 1. 5%, while Swiss Life Holding and Alcon gained 1. 26% and 1. 1%, respectively.
In the average price index, Cembra Money Bank, Temenos Group, Adecco, Julius Baer, Dufry and Flughafen Zurich 2 at 2. 7%.
Logitech, Baloise Holding, Sonova, Straumann Holding, VAT Group, AMS and OC Oerlikon Corp closed strongly higher.
The Swiss government does not have to tighten restrictions on public life for now despite the backlog of coronavirus cases.
The government, which last week asked others to provide a COVID prestige certificate to access many indoor spaces, said today that the practice does not yet have to expand the use of certificates, as the number of hospital admissions of coronavirus patients has not increased in the past week.
On the economic news side, procure. ch and Credit Suisse production PMI for Switzerland fell to 67. 7 in August from a record 71. 1 in July, and above the forecast of 67. 3.