The Switzerland stock market’s benchmark index SMI ended slightly down on Thursday after languishing in negative territory for almost the entire trading session. Investors mostly made their moves, reacting to corporate earnings updates.
The SMI, which moved between 14,479.29 and 14,590.26, settled at 14,547.97, down 4.42 points or 0.03% from previous close.
Schindler Ps soared 8.5% after raising its full-year operating margin outlook as third-quarter profit and revenue increased, supported by stronger orders and improved operational efficiency. The company’s bottom line totaled CHF310 million, or CHF2.81 per share. This compares with CHF265 million, or CHF2.36 per share, last year.
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Swiss Market Ends Roughly Flat
2026-10-22 18:38:11
