Introduction
The Swiss stock market currently presents a friendly face, particularly led by cyclical stocks. Among these cyclical values are renowned companies such as ABB and Richemont, which especially benefit from the positive economic development.
Cyclical Stocks and Quality Shares on the Rise
The dynamic market movement is also reflected positively in various quality stocks. Companies like Galderma, Ypsomed, and Geberit are experiencing gratifying performance. However, despite some uncertainties, especially with insurance stocks like Zurich Insurance Group and Swiss Re, the long-term market perspective remains promising.
Growth Impulses from Strong GDP and Inflation
Economically, the situation for Switzerland is favorable. In the first quarter of 2025, the gross domestic product grew by 0.8% compared to the previous quarter, indicating a robust domestic economy. Additionally, exports to the USA have increased significantly, driven by the current trade policy. The declining inflation, which even fell by -0.1% in May, also contributes to an optimistic market situation. Experts expect that the Swiss National Bank may undertake further interest rate cuts as a result.
Opportunities for Private Investors
This development presents interesting opportunities for private investors. The leadership by cyclical stocks signals confidence in the growth potential of the Swiss economy. A broad diversification across various sectors is advisable to benefit from both cyclical and defensive stocks.
In conclusion, the Swiss stock market is characterized by positive dynamics. In addition to the leadership by cyclical stocks and strong GDP growth, falling inflation rates further support this development. In this economic environment, investments in Swiss stocks are of particular interest.