SNB Shares Continue to Spiral, Touching 6,000 Francs: Chart

The Swiss National Bank’s stock just hit an all-time record high of 6,000 francs a share, more than tripling since the start of 2017, though the volume continues to remain low. The SNB is one of a handful of central banks with private shareholders, but their voting rights and the dividend payout are very limited. It is not clear why it’s shares spiraled, though economists have speculated that in an environment of very low interest rates, they’re being traded as a proxy for government bonds.

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