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.

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