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Swiss Shares Gain; Partners Group Slips

MT Newswires·12/19/2025 11:53:10
語音播報
11:53 AM EST, 12/19/2025 (MT Newswires) -- Trading in Switzerland ended higher on Friday as a relatively quiet session pushed the Swiss Market Index 0.27% in the green. On the economic front, Switzerland's current account surplus ballooned in the third quarter to 15.37 billion francs from 12.51 billion francs in the second quarter. Next week, with the Christmas holidays around the corner, only a few data releases are scheduled such as the December banking statistics from the Swiss National Bank (SNBN.SW) and the Switzerland CS-CFA Society Economic Sentiment Index. In the meantime, market watchers continue to dissect the major macro news on Thursday, including interest decisions in Europe and the US inflation data. "[It was] a hugely eventful session yesterday, with a big boost thanks to that weak US CPI report, which featured the lowest year-on-year core CPI print since early 2021. However, it's worth noting that there were several pieces of missing data because of the shutdown, and the methodological issues meant that investors treated it with some caution," Deutsche Bank Research said. "However, even with those data issues, the print was still viewed as soft enough to make Fed rate cuts more likely next year." In company news, Partners Group (PGHN.SW) ended the session 1.10% lower as it disclosed back-to-back deals in Spain. On the buy side, the Swiss private equity giant a day earlier said it bought a hotel in Barcelona for an undisclosed sum. The next day, it unveiled plans to sell its ownership stake in the 242-megawatt Ararat Wind Farm in Australia to Spanish group Iberdrola.