Swiss Stock Market Today, November 24, 2025: SMI Edges Higher as Tech Stocks Rally and UBS Legal Cases Weigh on Banks
The Swiss Market Index rose about 0.4% to 0.5% to near 12,680 on Monday, buoyed by global rate-cut hopes despite legal headlines around UBS and weak macro data. Logitech led blue-chip gains, up 3.6%, while ABB and Richemont also advanced. Defensive stocks like Roche and Swiss Re lagged. The SMI remains up roughly 8–9% for the year.