Watches of Switzerland Group Plc shares rose the most since April after the company’s outlook for the first half of its financial year eased investors’ concerns over the impact of US tariffs.
The stock jumped as much as 11 percent in early trading, and was 7.2 percent higher by 9:46 a.m. in London. Even so, the shares remain near 2020 lows on concerns over soft demand for high-end watches and the 39 percent levy the US slapped on imports from Switzerland.
Trading has been “consistently…

