Swiss market closes for 6 consecutive days high

The Swiss stock market closed slightly higher on Tuesday after maintaining a positive territory throughout the day’s session amid optimistic views on the economic recovery.

Benchmark SMI, which recorded a new peak at 11,702.92, ended the day with a 26.23 point or 0.23% increase at 11,656.89, closing higher in six consecutive sessions.

Lonza Group rose 2.35%. Geberit was up 1.5% and Partners Group was up 1.15%. Both SGS and Swisscom closed with a close to 1% increase. Givaudan and Nestle increased by 0.75% and 0.51%, respectively.

Roche Holdings shares rose about 0.75% after the company announced that it had acquired the CE mark for SARS-CoV-2 Antigen Self-Test Nasal for home inspection. This test gives results in just 15 minutes.

Credit Suisse fell 1.65% and Alcon fell 1.27%. Swiss Re, ABB and Novartis fell 0.8%, 0.54% and 0.5% respectively.

Among the Mid Price Index stocks, Logitech’s share price rose 1.8%. The company’s G PRO wireless gaming mouse is the first product to feature a new carbon impact label, reducing carbon dioxide emissions to the more environmentally friendly planet.

The Logitech G PRO Wireless Gaming Mouse is one of the six carbon impact-labeled gaming products introduced this quarter and will soon be available in India, the company said in a statement.

Temenos Group, Dufry, Swiss Prime Site, Barry Callebaut, BB Biotech and PSP Swiss Property rose 0.5-1.2%.

Meanwhile, Straumann Holding fell about 2.5%, Sonova fell 1.6%, OC Oerlikon Corp fell 1.25% and AMS fell 1.1%.

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Swiss market closes for 6 consecutive days high

Source link Swiss market closes for 6 consecutive days high

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