Swiss Stocks Erase Gains; Banks Advance, Nestle, Roche Decline

Stocks in Switzerland erased their gains, leaving the benchmark Swiss Market Index little changed.

The SMI lost less than 0.1 percent to 6,196.36 at 9:16 a.m. in Zurich. UBS AG (UBSN) and Credit Suisse Group AG (CSGN) led advancing shares, while Roche Holding AG (ROG) and Nestle SA led declining stocks.

To contact the editor responsible for this story: Srinivasan Sivabalan at ssivabalan@bloomberg.net

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