Markets

SMI Holds Steady; ABB and UBS Rise, Nestlé Struggles
Swiss stock market shows resilience, with ABB and UBS gaining while Nestlé lags. Oil prices and bond yields remain key market drivers.

AI-driven stock picks show September gains, but October performance remains uncertain
Five AI-selected semiconductor and tech stocks surged in September, but whether they repeat in October depends on broader market conditions and sector-specific catalysts.
Dax erholt sich bei Ölpreis-Rückgang, aber SDax bleibt schwach
Frankfurter Börse zeigt leichte Erholung nach Ölpreis-Stabilisierung, während Einzelwerte wie Hellofresh unter Druck bleiben.

FTSE 100 climbs as U.S.-Iran talks offset Strait of Hormuz tensions
Global equities advanced on Friday, with the FTSE 100 gaining 0.50% amid hopes of progress in U.S.-Iran ceasefire talks, countering concerns over reduced shipping through the Strait of Hormuz.

HSBC Raises Oil Stock Ratings, Boosts BP and TotalEnergies to Buy
Analysts at HSBC upgraded BP and TotalEnergies to Buy, citing higher oil prices and improved earnings expectations, while retaining Shell and Chevron as Buy and downgrading OMV to Reduce.
Bitcoin ETF inflows drop to $191M amid six-day streak slowdown
US spot Bitcoin ETFs saw a sharp deceleration in inflows, totaling $191 million on Thursday after a six-session streak of $2.8 billion.
Switzerland ranks 9th in WEF's Travel & Tourism Development Index
The index evaluates the conditions for sustainable and resilient tourism development, not tourism popularity. Japan leads the ranking, followed by the USA and Spain.
Samourai Wallet Co-Founder Faces New Transfer After Treatment Program Canceled
Keonne Rodriguez says his federal drug-treatment program was deactivated at FCI McKean, triggering a transfer alongside 70 other inmates.

SMI climbs as ABB and UBS gain; oil prices fall
Swiss stock market rises, with ABB and UBS among top gainers, while oil prices decline. Analysts warn of rising bond yields.

Sampo Repurchases Over 5 Million Shares in Latest Buyback Round
Sampo plc acquired 5.05 million shares in week 39, bringing its total A-share holdings to 37.83 million, or 1.42% of outstanding shares, as part of a €350 million authorized buyback programme.
SpaceX’s xAI plans to double Nvidia AI chip capacity at Memphis data center by year-end
Elon Musk’s Colossus 2 facility, under construction in Memphis, Tennessee, aims to nearly double its use of Nvidia’s latest AI chips by the end of 2026, according to early reports.
Bitcoin holds near $84,000 amid bond market pause
BTC steadies after a 24-hour flat trade as Treasury yields stabilize and Brent crude declines amid geopolitical reports.

Logitech Aktie: Kursverluste bleiben ungebrochen trotz positiver Quartalszahlen
Logitech’s Aktie verlor am Donnerstag 6,11 % und blieb am Freitagmorgen ohne Gegenbewegung. Trotz starker Quartalsergebnisse und robusten Nachfrage belasten Lieferkettenengpässe die Erwartungen.

SMI steigt, aber Zinsfront bleibt angespannt – Aktienratings und Ölpreise dominieren
Schweizer Aktien wie ABB und UBS erleben vorbörslich positive Kursbewegungen, während die Zinsentwicklung und Ölpreise die Börsenstimmung prägen. Neue Ratings und Kursziele sorgen für Aufmerksamkeit, doch die Risiken bleiben.
Avacta Group presents trial design for pancreatic cancer drug AVA6103
The AIM-listed biopharmaceutical company details the FOCUS-01 Phase 1 study design for its peptide-drug conjugate targeting pancreatic ductal adenocarcinoma, highlighting preclinical data and a dose-dense arm.

Sampo Repurchases 5.05 Million Shares in Latest Week
The Finnish insurer Sampo Oyj executed a share buyback totaling 5.05 million A-shares during week 39, averaging €8.97 per share across multiple exchanges.

Switzerland adds crypto and digital currency bans to Belarus sanctions
On Sept 19, 2026, the Swiss Federal Council will enforce EU‑aligned sanctions on Belarus, extending a transaction ban to selected crypto assets, digital central‑bank currencies and related service providers.
SDCL Efficiency Income Trust proposes two new non-executive directors
Saba Capital and General Atlantic-backed nominees proposed for board seats at wind-down investment trust ahead of Oct 15 shareholder vote.

Swiss Stocks Set for Higher Open on Upgrades, SNB Holds Rates
The SMI looks to open 0.4% higher as UBS upgrades Glencore and analysts revise targets on Swiss shares; the SNB keeps rates at zero percent while oil prices ease.

DAX Set for Weekly Recovery as Oil Prices Ease
The DAX's pre-market X-Dax indicator showed a 0.7% advance to 25,437 points as oil prices stabilized following recent gains.
Bitget Suspects North Korean Hackers Behind $352 Million Breach
Crypto exchange says preliminary investigation points to a North Korean hacking group after unauthorized transfers moved roughly $351.6 million across multiple blockchains.

Xi Calls for U.S.-China Cooperation on AI During State Visit
Chinese President urges partnership on artificial intelligence during talks with Trump; both sides extend trade truce to January.

Logitech Shares Drop 6% Despite Strong Q1 Results and Rising Margin
Logitech fell 6.11% to CHF 82.62 on Thursday as higher overseas interest rates and a supplier plant closure overshadowed robust first-quarter earnings and wide margin expansion.

Airbus reports corrosion risk in A321neo fleet, no immediate safety threat
Corrosion issues in wing spars of 500 A321neo aircraft identified; Airbus says no safety risk but may require repairs
Dax verliert 0.2 % bei Ölpreisanstieg, Ifo-Index bestätigt deutsche Konjunkturresilienz
Ölpreise und geopolitische Spannungen belasten den deutschen Aktienmarkt, doch die deutsche Wirtschaft zeigt sich widerstandsfähig.

