Switzerland Stocks Update: SMI Index Rises 18.45 to 8,245.56

Switzerland's benchmark stock index, the Swiss Market Index, rose 0.22 percent at 9:05 a.m.

The index of 20 stocks traded on the Electronic Bourse System rose 18.45 to 8,245.56. Among the stocks in the index, 11 rose, 7 fell and 2 were unchanged.

Gains in the Swiss Market Index were led by Novartis Ag, Ubs Ag and Nestle Sa. About 0.93 million shares traded in the Swiss Market Index.

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