Swiss Market Ends Notably Lower
(RTTNews) - The Switzerland market ended notably lower on Friday with stocks reeling under pressure right through the day's session amid concerns about the outlook for global economic growth.
The benchmark SMI ended down by 115.29 points or 0.95% at 12,012.87. The index touched a high of 12,110.54 and a low of 11,987.23 in the session.
Holcim ended 3.48% down. UBS Group closed lower by about 3.2%, and ABB drifted down 2.83%. SGS and Partners Group lost 2.38% and 2.08%, respectively.
Sika, VAT Group and Julius Baer lost 1.6 to 2%. Nestle, Geberit, Straumann Holding, Kuehne & Nagel, Sonova, Logitech International and SIG Group ended lower by 0.7 to 1.25%.
ams OSRAM AG dropped 5.29%. Adecco and Avolta lost 2.52% and 2.31%, respectively. Temenos Group, Georg Fischer and Clariant also ended sharply lower.
Lindt & Spruengli climbed 1.3%, and Roche GS ended up by 1.12%. Flughafen Zurich, BKW and Galenica Sante posted moderate gains.
U.S. Dollar Little Changed Following Inflation Data
Euro Advances Against Majors
Swiss Market Ends Slightly Weak
European Stocks Close Weak After Key U.S., European Economic Data
Canadian Stocks Turning In Mixed Performance
U.S. Dollar Slides After PCE Inflation Data
German Unemployment Rises More Than Forecast
