Swiss Stocks Trade Smoothly on Day One Without EU Recognition
- Ban on trading Swiss shares in the EU took effect on Monday
- Switzerland and EU are at odds over a bilateral political pact
The headquarters of the Swiss Stock Exchange (Boerse).
Photographer: Fabrice Coffrini/AFP via Getty Images
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Stocks from Nestle to Swatch Group traded without a hitch on Monday as Switzerland’s never-before-tested provisions to safeguard liquidity kicked in following a showdown with the European Union.