Swiss Market Ends On Firm Note

The Switzerland market closed higher on Monday, outperforming most of the markets across Europe, thanks to fairly strong buying at select counters, including a few in the pharmaceuticals sector.

Other markets in Europe closed mixed with investors mostly making cautious moves amid uncertainty over the reopening of the Strait of Hormuz. Investors also awaited U.S. inflation data due later in the week, for clues about the Federal Reserve’s interest rate moves.