The Swiss Stock Market Finished In The Green Wednesday

(RTTNews) - The Swiss stock market overcame weakness in early trade Wednesday and ended the session in positive territory. Investors remain concerned over the situation in Syria, but the positive performance of the U.S. markets provided a boost in afternoon trade.

Investors will be watching for interest rate decisions from both the European Central Bank and the Bank of England on Thursday. Another important event that investors are anticipating is the release of the U.S. jobs report for August on Friday.

The Swiss Market Index increased by 0.18 percent Wednesday and finished at 7,880.65. The Swiss Leader Index climbed by 0.19 and the Swiss Performance Index added 0.17 percent.

The index heavyweights turned in a mixed performance Wednesday. Roche climbed by 0.8 percent, but Novartis and Nestle both fell by 0.1 percent each.

Financial stocks benefitted from the late session increase and climbed into positive territory. UBS rose by 0.5 percent, while Credit Suisse gained 0.4 percent. Julius Baer also advanced by 1.2 percent. Cyclical stocks were also among the gainers. ABB increased by 1.8 percent, Holcim rose by 0.9 percent and Geberit added 0.7 percent.