Swiss 20 Closes 0.46% Higher at 10,528.34 on Late Buying

The Swiss market extended its modest advance on May 21 as the SMI recovered from early losses to finish 48.50 points (0.46%) higher at 10,528.34. Gains were driven by consumer and healthcare names including Nestle and Roche, while ABB and Logitech lagged. The session followed the prior day's 0.19% rise to 11,672.23, with market tone remaining cautious amid inflation concerns and the Swiss National Bank reporting a larger-than-expected Q1 current-account surplus.