Swiss Stocks Climb on Economic Optimism as Year Winds Down

DAOdreamer · 2025-12-31T13:50:10+00:00

The Swiss market ended the week positively, with equities slightly up amidst holiday hesitance. The SMI index rose 0.2%, led by gains in UBS and Richemont. Economic indicators signal improving conditions for 2026, suggesting growth prospects ahead.

DAOdreamer

2025-12-31 13:50:10

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The Swiss market delivered a solid finish to the trading week Tuesday, with equities climbing modestly despite holiday-season hesitation. The benchmark SMI benchmark index settled at 13,267.48, up 26.89 points or 0.2%, after reaching an intraday high of 13,285.32. Early selling pressure gave way to steady buying interest, allowing the index to reverse course and secure gains by the close.

Leading the gainers, UBS Group and Richemont advanced 0.9% and 0.85% respectively, signaling strength among large-cap financials and luxury stocks. A broader cohort of defensive plays also participated in the rally, including Geberit, Julius Baer, Straumann Holding, Zurich Insurance, Schindler Ps, ABB and Lonza Group, which posted gains ranging from 0.35% to 0.6%.

On the flip side, some defensive names proved resistant to buying interest. Alcon, Lindt & Spruengli, Novartis and Sonova edged lower, though declines remained marginal as investors adopted a cautious stance ahead of the extended New Year break. The market will remain shuttered for the remainder of the week, resuming operations only when Monday arrives.

What’s particularly noteworthy is the shift in Swiss economic momentum heading into 2026. According to the latest KOF Swiss Economic Institute survey, the economic barometer climbed to 103.4 in December, up from 101.7 in November—reaching its highest level since September 2024 when it stood at 103.8. This surge in the forward-looking gauge suggests improving economic conditions are on the horizon, with forecasts pointing to above-average growth prospects as the new year takes shape.

The combination of solid equity gains and improving economic indicators paints a constructive picture for the Swiss market, despite seasonal trading patterns limiting session participation.

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