"The market is extremely nervous before the Greek government gives an answer on the haircut that will be applied to their debt for international private creditors"
- John Plassard, director at Louis Capital Markets SA
Swiss stocks rose modestly on Tuesday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, advanced 0.17%, or 10.56 points, to 6,157.59. The broader Swiss Performance Index added 0.17%, or 9.47 points, to 5,585.07.
"The markets are nervous, though the moves are in a very narrow range," said Thomas J. Caduff, chief executive officer at ICN Trust Finance AG in Zurich.
Swiss State Secretariat for Economic Affairs is to announce unemployment rate later today. Jobless rate rose 0.1 per cent to 3.1 per cent in December.
© Dukascopy Bank