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Swiss Market Ends Notably Lower On Weak Global Cues

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Switzerland stock market ended notably lower on Thursday, in line with markets across Europe, as worries about inflation and tighter monetary policies weighed on sentiment.

The benchmark SMI, which fell to a low of 12,205.05, ended the session with a loss of 126.22 points or 1.02% at 12,234.15.

Givaudan declined 2.77%. Richemont, ABB and Partners Group both ended lower by nearly 2.5%.

Roche Holding shed 2.4% after saying it sees slower sales growth in 2022. Logitech, Lonza Group, Geberit and Alcon lost 2 to 2.2%.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.