Trading of Stadler Rail shares on the SIX Swiss Exchange began on Friday. Shares jumped early in the morning thanks to the promising outlook for the Swiss producer of locomotives and trains. CNNMoney’s Editor in Chief Andreas Schaffner talks about the reason behind the listing and the outlook for the market.
WATCH MORE
Zurich Insurance’s Guy Miller on Swiss public debt—or lack thereof
Switzerland should consider issuing more bonds to fund projects that will help the economy stay competitive, says Guy Miller, chief market strategist for Zurich Insurance.
Stadler: Assessing the first day of trading
Trading of Stadler Rail shares on the SIX Swiss Exchange began on Friday. Shares jumped early in the morning thanks to the promising outlook for the Swiss producer of locomotives and trains. CNNMoney’s Editor in Chief Andreas Schaffner talks about the reason behind the listing and the outlook for the market.
April 12 Markets Summary: Global markets gain on China data, U.S. bank results
Surprisingly strong trade data out of China and better-than-expected U.S. bank results boosted global markets today. In Switzerland, the SMI retreated as investors shifted from defensive stocks into financials.
Economiesuisse opposes IMF’s view of Swiss fiscal policy
Rudolf Minsch, chief economist at Swiss business federation economiesuisse, takes issue with the IMF’s view that Switzerland should increase public spending.
New Brexit deadline makes life harder for Switzerland
Switzerland is going to have a tougher time winning concessions for its framework agreement with the EU after the bloc’s decision to delay the Brexit deadline, says Costas Vayenas, senior investment consultant at Wellershoff & Partners.
