NEW YORK, January 1, 2026, 09:28 ET — Market closed
- Switzerland’s blue-chip SMI last closed up 0.2% on Dec. 30, with Zurich shut on Dec. 31 for the New Year holiday.
- UBS and Richemont led gains, while Novartis and Alcon slipped in the final session before the break.
- Traders are watching the Swiss franc after the SNB reported a sharp slowdown in its foreign-currency purchases.
Swiss shares ended the last trading session of 2025 modestly higher, with banks and luxury names helping the market hold near recent…