Swiss shares gain as China's economy grows as estimated

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Source: Bloomberg
© Scanpix/Reuters
Switzerland's shares advanced, extending previous week's gains, as China's economic data were in line with expectations. The SMI climbed 0.5% to 8,024.19 as of 10:01 a.m. Zurich time; moreover, the gauge increased 2.6% past week as U.S. earnings season started with Alcoa Inc. beating the estimates and the Fed's Bernanke stated that U.S. economy still needs monetary stimulus. The Swiss Performance Index gained 0.5% today.
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Mon, 15 Jul 2013 13:06:05 GMT

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