pre-market trading

Credit Suisse shares reportedly rose 21% in pre market trading on the Swiss Exchange after the Swiss Central Bank provided liquidity. (Jin Shi) Credit Suisse shares rose 21% in pre market trading on the Swiss Exchange Analysis based on this information:The announcement of Swiss Central Bank’s liquidity injection has helped to propel Credit Suisse’s shares, which reportedly rose by 21% in pre-market trading on the Swiss Exchange. This action comes at a time when Credit Suisse has been rocked by legal and regulatory issues that have led to a decline in investor confidence. The injection of liquidity by the Swiss Central Bank is aimed at easing the pressure on the financial sector, which has been hit hard by the COVID-19 pandemic. The move is also seen as a way to mitigate the risk of a liquidity crunch, as banks continue to grapple with the economic fallout of the pandemic. The increase in Credit Suisse’s share value can be seen as…