Swiss Market Ends Moderately Higher

After a slightly sluggish start and a subsequent brief spell in positive territory, the Switzerland market very nearly slipped below the flat line around noon on Monday. However, it recovered swiftly and traded firm still the end of the session thanks to strong buying at a few top counters.

The benchmark SMI, which edged down to 12,539.47 in early trades, ended the day with a gain of 98.41 points or 0.78% at 12,668.67, nearly 20 points of the session’s high of 12,687.68.