Swiss stocks edged higher on Tuesday

Source: Dukascopy Bank SA
"The markets have stabilized now, and are waiting for more discussion about the future of the euro zone, especially the question of Spanish debt"
- Yves Maillot, director of investments at Robeco Gestions SA

Swiss stocks extended gains on Tuesday.

The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, gained 1.61%, or 95.37 points, to 6,034.13. The broader Swiss Performance Index edged higher 1.52%, or 84.26 points, to 5,609.65.

"The markets have stabilized now, and are waiting for more discussion about the future of the euro zone, especially the question of Spanish debt," said Yves Maillot, director of investments at Robeco Gestions SA in Paris.

"The Greek election result has been played last week, and now the markets expect a new government, hoping for something better."

© Dukascopy Bank SA

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