Equities
SMI in Red, 8 of 20 Blue Chips Gain; Nestlé Loses After Russia Report; Gold Rises
Swiss stock market closes lower after a positive week; gold prices increase amid rising interest rates; Nestlé shares fall after Russia business report.
Nestlé Loses Control of Russia Units as Share Price Hits 3½-Month Low
Russia placed two Nestlé entities under temporary administration, raising fears of write-downs and a possible forced exit. Nestlé shares fell 1.5% on Friday.
German Dax Opens Lower on Big Expiry Day as Oil Eases, Tech Stocks Mixed
The Dax slipped 0.4% to 25,621 points at the Frankfurt open, though it remains marginally up 0.1% for the week. Tech shares showed divergent moves, with Infineon and Siltronic gaining on analyst upgrades while Deutsche Telekom fell after a negative Orange rating.
SMI Gains as Fed Rate Hike Brings Relief; UBS Decision Deferred
Swiss shares post modest gains after the US Federal Reserve raised rates by 25 basis points as expected. UBS capital-rule debate resumes next week.
SMI closes with biggest daily loss since March; Nestlé, Richemont hit three-month lows
Swiss Market Index (SMI) suffered a significant decline, with Nestlé and Richemont reaching three-month lows amid rising oil prices and inflation concerns. DocMorris surged on new bond issuance plans.
SMI rises 0.2% as Fed delivers; UBS gains, Rieter plunges after downgrade
The Swiss market extends its early-week gains following the Fed's expected 25-bp hike. Helvetia Baloise surges on strong H1 results while Rieter drops after a UBS downgrade to Sell.
SMI Edges Higher on Fed Relief; UBS Decision Delayed, Rieter Slumps on Downgrade
Swiss benchmark gains 0.2% as investors welcome Fed's resolute inflation stance; UBS advances ahead of capital-rule vote while Rieter plunges after downgrade to Sell.
Helvetia Baloise Posts H1 2026 Earnings, Synergies Hit 49% of Target as RoaE Exceeds 18%
The merged Swiss insurer achieved underlying earnings of CHF 632 million in the first half of 2026, with synergies locked in at CHF 319 million—49% of its CHF 650 million gross target.
European Stocks Edged Higher as Oil Prices Continued to Slide
EuroStoxx 50 gained 0.58% to 6,302.86 as falling crude supported equities, while the Fed's latest rate hike drew mixed reactions from analysts.
Swiss Market Index holds gains amid Fed hike, UBS gains amid Ständerat vote
The SMI advances modestly as the Swiss market reacts to the Fed’s 25 bps rate hike and UBS’ capital rules vote, while Roche and Rieter face profit-taking pressures.
Swiss Market Index rises as UBS gains amid Fed rate hike, Helvetia Baloise outperforms
UBS gains after Ständerat approves stricter capital rules; Roche and Rieter face downgrades; oil prices ease amid Saudi export diversification efforts.
UBS Stock Continues Slide as Weak U.S. Bank Sentiment Weighs
UBS shares fell to 41.53 francs, down 7.2% from their recent 45-franc high, as Goldman Sachs warned of stronger-than-expected costs. Swiss capital-rule debate adds further uncertainty.
UBS Shares Extend Losses as Weak US Banks Weigh on Swiss Lender
UBS shares slid further Thursday as Goldman Sachs' warning dragged on bank sentiment, while Swiss policymakers face a key vote on capital rules.
FTSE 100 Rises as Fed Hike Lifts Mood Ahead of BoE Decision
UK stocks gained ground Wednesday on the back of a 25-basis-point Federal Reserve rate increase, with investors looking ahead to Thursday's Bank of England policy meeting.
Swiss Market Index rises; Roche downgraded, Rieter hit by UBS rating cut
Swiss equities mixed as SMI gains, but Roche and Rieter face downgrades; oil prices dip amid geopolitical uncertainty and Fed rate hike expectations.
SMI set for higher open; oil eases; Fed lifts rates again
Swiss markets brace for a firmer start as oil retreats from four-month highs, the Fed delivers its first hike in over three years, and AI-focused semiconductor names remain in demand despite broader US equity weakness.
SMI set for higher start as Boeing tumbles and semiconductors stay in demand
Swiss index guided up 0.5%, US futures recover 0.7% overnight, while Boeing drops 3.7% on 777X delay and AI chip names hold firm.
Infomaniak’s Reverse Takeover: Perrot Duval’s 200-Million-Franken Deal Raises Questions on Valuation and Outlook
A Swiss cloud and IT services firm is merging with a long-standing but struggling Swiss exchange-listed company in a reverse takeover valued at 200 million Swiss francs, raising investor questions about the valuation and future prospects.
DAX Edges Lower as Oil Prices and Geopolitical Risks Weigh on Frankfurt
The DAX dipped 0.15% to 25,402.28 after an early sell-off, while defense and steel stocks gained and chemical names fell ahead of the Fed meeting.
DAX Falls 1.7% on Oil Above $100, Eyes ECB Rate Decision
The DAX dropped to its lowest level since late July as Brent crude breached $100, while investors awaited Thursday's expected ECB rate hike.
SMI Falls Below 14,000 as Oil Hits $100; Meta and Chime Lead Gainers
Switzerland's SMI slipped below 14,000 for the first time since mid-June on rising oil and inflation fears. Meta rose around 5% ahead of its AI agent launch, while Chime jumped 11% on a $590 million bank acquisition.
US markets open lower; SMI falls 1.2% with UBS leading declines
The SMI dropped 1.22% to 13,708.71 as oil prices near $108 and the 10-year Treasury yield hit 5.041% weighed on equities. UBS led losers in Switzerland.
UBS's Kunkel sees broadening rally, warns of three key risks
The UBS global family and institutional wealth CIO anticipates widening equity gains driven by earnings, while flagging oil shocks, AI monetisation doubts and fiscal pressures as top threats.
SMI Drops Below 14,000 for First Time Since Mid-June as Energy Fears Weigh
Switzerland's benchmark index falls to 13,919 as oil pushes past $100 a barrel and 19 of 20 SMI blue chips trade lower. Chime Financial surges nearly 11% in US premarket.