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"European markets are likely to get a massive lift from the data out of China"
- Stan Shamu, a market strategist at IG Markets
Swiss stocks advanced for a second day amid speculation that slowing economic growth in China may lead to an easing of monetary policy.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, gained 0.41%, or 24.93 points, to 6,056.17. The broader Swiss Performance Index edged higher 0.46%, or 25.11 points, to 5,465.62.
"European markets are likely to get a massive lift from the data out of China, which has been highly supportive of risk assets," Stan Shamu, a market strategist at IG Markets in Melbourne, wrote in a note.