India, April 17 -- The Switzerland market closed on a positive note on Thursday with investors digesting some corporate earnings updates and reacting to the European Central Bank's rate cut decision.
The benchmark SMI, which spent most part of the session till about a couple of hours past noon in negative territory, moved higher in the closing hour to finish on a firm note at 11,660.96, gaining 62.34 points or 0.54%.
Sonova climbed 1.8%. Straumann Holding, Nestle, SIG Group, Swiss Re and Richemont gained 1 to 1.5%.
ABB gained nearly 1.5%. The company announced plans to spin off its Robotics division into a separately listed company by the second quarter of 2026.
The company also reported a 22% year-over-year surge in first-quarter attri...