Equities

Lindt & Sprüngli shares slip toward 90,000 CHF as pressure mounts
Premium chocolate maker’s stock falls 1.6% to 92,600 CHF, nearing a 52-week low of 91,900 CHF. Legal risks and volume declines weigh on sentiment.

Swiss equities rise on U.S. cues; Nvidia, oil and Iran tensions in focus
The SMI extended gains as Asian markets climbed on Iran de-escalation hopes and Brent crude fell 2.5% to $86.35. Nvidia’s pre-earnings drift and Swiss earnings updates from Stadler Rail, Gurit and SoftwareOne underpinned sentiment.

PORR shares drop 10% after weak order intake, revenue miss
Austrian construction group PORR AG reported a 32% decline in order intake and a 0.9% drop in revenue for Q2, sending shares down nearly 10%. EBIT rose 16.4% to €42 million, outperforming consensus.

German DAX dips 0.6% from record as oil prices rise amid Middle East tensions
German blue-chip index slips after brief rally to all-time high, as investors weigh geopolitical risks, oil price surge and expectations of a Federal Reserve rate hike. MDax and Euro Stoxx 50 also decline.

US stocks edge lower on inflation, geopolitical risks; SMI slips 0.24%
Dow futures down 0.3% as investors weigh Fed hawkishness and Middle East tensions. Holcim leads SMI losers; Logitech gains 0.5%. Brent crude rises above $91/barrel.

UBS flags BP, TotalEnergies and Vår Energi as top European energy picks
Swiss bank highlights BP’s oil price leverage, TotalEnergies’ LNG strength and Vår Energi’s 10% yield in its latest equity framework. Production volumes and strategic shifts detailed.

US futures steady as oil climbs; SMI slips, Holcim leads decliners
U.S. stock futures edge lower ahead of Tuesday's session as oil prices rise after U.S. strikes in Iran. Swiss Market Index falls 0.24% with Holcim down 1.5%, while Logitech gains 0.5%.

European stocks slip as Iran tensions, rate hike bets weigh
DAX falls 0.9% after record close as Brent crude jumps 3.8% to $91.45/bbl; investors eye Fed policy signals and oil sector gains.

Swiss equities drift as oil rises, Fed rate bets firm
SMI slips 0.24% as Brent crude tops $91/bbl on Middle East strikes; Holcim leads SMI laggards while Gurit, Kühne+Nagel gain. UBS faces regulatory scrutiny.

Swiss Market Index edges lower as heavyweights weigh amid oil spike
SMI slips 0.24% in narrow trading; Kühne+Nagel leads gains while Holcim, ABB lag. Brent crude rises 3.3% to $90.98 as Middle East tensions escalate.

Swiss equities slip on oil, Fed bets; Roche weighs on SMI
The Swiss Market Index fell 0.1% as Roche dragged, while Kühne+Nagel gained 1.4%. Brent crude rose 3.3% to $90.98 amid Middle East tensions and delayed Hormuz Strait talks.

Swiss stocks flat as oil rises, Fed rate hike bets weigh; Kühne+Nagel leads gains
The SMI traded little changed Monday as defensive stocks offset rising U.S. rate expectations and Brent crude topped $90 a barrel. Roche and Givaudan lagged while logistics firm Kühne+Nagel advanced.

German stocks set for modest gain ahead of Jackson Hole; Nvidia rallies on earnings
Dax futures point to a 0.3% rise as Nvidia's quarterly results exceed expectations, lifting chipmakers and tech peers. Fed's preferred inflation gauge remains elevated ahead of central bank symposium.

UBS shares hit 18-year high ahead of Swiss capital rules vote
UBS stock rose 4.8% last week to CHF 44.53 as investors awaited a key Senate committee decision on stricter capital requirements. The debate centers on whether the bank must raise $20 billion in hard equity or may use cheaper AT1 bonds.

Swiss Market Index shifts to 40% pharma weight after latest rebalancing
Healthcare now dominates the SMI after recent additions, raising concentration concerns but offering diversification within the sector itself.

European stocks mixed as Nvidia lifts tech but banks, France weigh
STOXX 600 slips 0.7% to one-month low as French lenders slide; tech gains 1.8% on Nvidia’s outlook amid broader sector weakness. French deficit, election risks weigh on CAC 40.

Swiss stocks slip as Nestlé, Kühne+Nagel weigh; Accelleron surges on earnings
Swiss Market Index falls 0.6% to 14,450 as Nestlé and logistics firm Kühne+Nagel lag behind Accelleron’s 3.2% gain after strong half-year results. Brent oil drops 0.9% to $87.04 amid Hormuz Strait talks.

Microsoft faces internal scrutiny over data center environmental impact
Development chief Noelle Walsh acknowledges employee concerns about energy use, water consumption and emissions as AI-driven expansion strains sustainability goals. Company pledges stricter oversight and renewable energy buildout.

Evercore hires Baird bankers to expand defense advisory coverage
Jean Stack and John Song to join as senior managing directors, targeting aerospace, defense and government services sectors. Expansion includes new Virginia office and potential team moves.

European stocks edge higher as oil, bond yields fall; EuroStoxx 50 up 0.12%
EuroStoxx 50 gains 0.12% to 6,455.63 as lower oil prices and bond yields offset modest gains. FTSE 100 rises 0.29%, SMI climbs 0.54% amid mixed signals.

German stocks rise as Ifo data signals economic rebound
Dax gains 0.61% to 26,266.14 as business climate improves beyond expectations. Oil and gas prices fall, lifting broader market sentiment.

Swiss Market Index rises 0.54% as ABB, Swisscom lead gains; Amrize hits record low
The SMI advanced to 14,525 points, supported by eurozone data and falling oil prices, while Amrize tumbled to an all-time low after another CFO departure. Swisscom, ABB and Sika led sector gains.

US stocks rise as chip giants Nvidia, Micron gain; Dow pares gains
Nvidia and Micron led gains in U.S. equities as chip stocks rebounded ahead of earnings, while the Dow Jones pared early gains. Swiss SMI advanced on ABB and Sika strength.

Feintool returns to profit as India expansion gains momentum
Swiss industrial components maker posts CHF 3.2 million net income in H1 2026, with EBITDA up 47% and U.S. e-motor cores production slated for November 2026.

