French Vote Makes Traders Flocking to Swiss Stock-Market Haven

01.03.2017 / 11:58

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Swiss stocks are once again becoming investor favorites.

With elections in France stoking concern over an end to the current market calm, traders are seeking the refuge of the Swiss Market Index

“Investors test again Switzerland's reputation as first stop of call in a flight to quality.

“There’s a perfect storm of perceived political risks just around the corner, and Switzerland has an increasingly robust economic and currency backdrop.”

The economy of the country is expected to expand at a faster pace in 2017, growth in the euro zone is forecast to slow down. At the same time, a weaker franc has boosted the appeal of the nation’s shares. Those reasons, in addition to the French vote, have led to increased confidence in the country’s stock market

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French Vote Makes Traders Flocking to Swiss Stock-Market Haven

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