"Stocks are caught between the harsh realities in Greece and the hope politicians and central bankers will step up to the challenge"
- Witold Bahrke, a senior strategist at PFA Pension A/S
Swiss stocks rose for a fourth day in five on Friday.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, edged higher 0.22%, or 12.75 points, to 5,865.19. The broader Swiss Performance Index added 0.18%, or 9.57 points, to 5,477.46.
"Stocks are caught between the harsh realities in Greece and the hope politicians and central bankers will step up to the challenge," said Witold Bahrke, a senior strategist at PFA Pension A/S.
"We're so close to the brink that investors begin to expect some kind of intervention, though politicians probably won't do so till the European summit in late June."
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