Swiss Market Index Back from Holiday Break, Closes Monday Flat

11:50 AM EST, 12/29/2025 (MT Newswires) -- Swiss stocks commenced the final trading week of 2025 little changed amid light trading volumes following the Christmas and St. Stephen's Day holidays. The Swiss Market Index was down 0.02% on Monday's close. For the rest of the week, it will be a relatively quiet period for economic news releases at home, with only Switzerland's KOF Economic Barometer and manufacturing PMI for December on the agenda. The Swiss Stock Exchange will also be closed on Wednesday and Thursday for the new year. Market watchers are also awaiting private sector data prints in Europe and other major economies. In geopolitical news, Ukrainian President Volodymyr Zelenskyy and US President Donald Trump held talks over the weekend and achieved progress on security guarantees for Ukraine, although territorial issues remained a stumbling block for a Ukraine-Russia peace deal, multiple media outlets reported. On the corporate front, Aevis Victoria (AEVS.SW) completed a groupwide refinancing program to bolster its capital and financing structure, reducing the Swiss investment group's cost of debt and financial expenses and allowing it to generate interest expense savings annually in the high single-digit million range. The group secured a new syndicated financing facility at the holding company level, refinanced an interim facility in the real estate segment with long-term mortgage financing, and obtained a new facility for a hotel in London. The stock was down 1.47% at closing. Asmallworld (ASWN.SW) integrated its memberships into Klarna's global membership program, giving the Swedish financial technology company's Plus, Premium and Max members access to the Swiss travel and lifestyle group's luxury travel memberships and services portfolio. Asmallworld's shares ended the trading session flat.