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"The market environment remains uncertain and investors will continue to be cautious"
- Christian Zogg, fund manager at LLB Asset Management AG
Swiss stocks gained on Wednesday, rebounding from two day losses. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, gained 0.40%, or 22.48 points, to 5,611.05. The broader Swiss Performance Index rose 0.43%, or 22.01 points, to 5,099.69.
"What we see today is a technical rebound from the past two days," said Christian Zogg, fund manager at LLB Asset Management AG in Vaduz, Liechtenstein. "The market environment remains uncertain and investors will continue to be cautious."
Swiss Federal Statistical Office is to announce change in month on month inflation for October on Monday.