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Swiss Market Ends On Firm Note On Positive Global Cues
(RTTNews) - The Switzerland stock market closed on a firm note on Friday, in line with markets across Europe, as investors indulged in some hectic buying at several counters from across various sectors.
The benchmark SMI ended with a gain of 109.92 points or 1.02% at 10,900.24, after hitting a high of 10,940.52 intraday.
On Thursday, the SMI failed to hold early gains and ended with a loss of 14.84 points or 0.14% at 10,790.32.
Logitech surged 4.15%, Richemont climbed 3.03% and Credit Suisse gained 2.82%.
UBS Group, Lonza Group and SGS advanced 1.6 to 1.8%, while Nestle, Swiss Life Holding and Sika ended higher by about 1.3%.
In the Mid Price Index, AMS rallied nearly 7%. Tecan Group ended almost 4% up. Bachem Holding, VAT Group, Georg Fischer, Straumann Holding, Adecco and Temenos Group gained 2.4 to 3.2%.
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