BRUSSELS (dpa-AFX) - Swiss stock inched higher on Friday, rallying into positive territory after spending much of the day in the red.
The Swiss Market Index rose 0.43 percent, and is up 7.6 percent year-to-date, outperforming other European markets.
Banks rebounded from yesterday's losses, with Julius Baer picking up 2 percent.
Regulators have approved Swisscom's takeover of PubliGroupe, slated for completion next week.
Swisscom shares were off 0.3 percent.
PubliGroupe said in its first-half results it expects consolidated net revenue of around 150 million Swiss francs for 2014, excluding media sales.
Baloise Holding said it had completed the sale of Basler Versicherungs-Aktiengesellschaft in Austria to Helvetia Group. Baloise stock was flat.
A prescription drug somehow made it on the production line of a Nestle candy factory in the UK. The company says no consumers are at risk.
Nestle shares were up 0.85 percent.
Copyright RTT News/dpa-AFX