\n<\/p>\n
The Switzerland market ended on a firm note on Tuesday, in line with markets<\/span> across Europe, as investors shrugged off tariff concerns and picked up stocks at reduced levels.<\/p>\n The benchmark SMI closed up 88.50 points or 0.7% at 12,686.62. The index touched a high of 12,754.44 in the session.<\/p>\n Adecco gained about 2.3%. Logitech International climbed nearly 2%, while SGS ended 1.64% up.<\/p>\n ABB, Swiss Re, Partners Group, Holcim, Zurich Insurance, Lindt & Spruengli, Richemont, Nestle and SIG Group gained 0.9 to 1.42%.<\/p>\n Sandoz Group and Swatch Group closed lower by 1.7% and 1.58%, respectively. Alcon ended down 1.08%.<\/p>\n Data from the Federal Statistical Office said retail sales in Switzerland rose 1.6% year-on-year in February, slowing from an upwardly revised 2.9% gain in the previous month. This marked the weakest growth in retail trade since November 2024.<\/p>\n On a seasonally adjusted monthly basis, retail trade fell 0.7% in February, reversing an upwardly revised 0.7% rise in the preceding month. <\/p>\n The Swiss procure.ch PMI fell to 48.9 in March from 49.6 in February, according to a report from procure.ch & UBS. The PMI reading was expected to come in at 50.5. <\/p>\n<\/p>\n<\/div>\n