Swiss stocks closed little changed on Friday

Source: Dukascopy Bank SA
"The markets wanted to see some policy action first from the ECB and then from Bernanke and they didn't get it"
- Steen Jakobsen, chief economist at Saxo Bank

Swiss stocks were little changed on Friday.

The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, gained 0.11 points, to 5,869.32. The broader Swiss Performance Index slid 0.10%, or 5.36 points, to 5,471.03.

"This week was all about hope, but unfortunately hope doesn't contain a strategy. The markets wanted to see some policy action first from the ECB and then from Bernanke and they didn't get it," said Steen Jakobsen, chief economist at Saxo Bank.

© Dukascopy Bank SA

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