UBS Sees Global Equities as Still Positive

UBS shares fell today after the Swiss Finance Minister rejected

a proposal to use AT1 bonds to meet regulatory capital requirements.

The stock dropped by more than 2%.

Swiss Finance Minister Karin Keller stated that the bank's proposal

to use the necessary funds would not solve the problem but would only partially alleviate the situation.

The minister explained that converting the ATI bonds would be subject to specific conditions

and could not be activated during the current crisis.

On the other hand, the bank's analysts noted that global equities are rising slowly, but despite this,

the outlook remains positive and is expected to continue rising.

The bank also indicated that it expects to see a strong rise in the MSCI index

to exceed 12% earnings per share by 2026.

The bank also stated that diversification across sectors is extremely important; in addition to the technology sector,

the bank favors the global banking sector and the US consumer goods sector.