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European Commentary

Swiss Market Ends Weak

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

After a positive start, Swiss stocks slipped into negative territory around noon on Tuesday, and then stayed weak till the end of the day's session.

The benchmark SMI settled with a loss of 36.53 points or 0.27% at 13,372.58, about 60 points off the day's low of 13,312.54.

Partners Group ended 6.5% down. Straumann Holding, SGS and Alcon lost 2.4%-2.5%.

Sonova closed lower by 1.87%, while Richemont, Lonza Group and Sandoz Group lost 1.3%-1.6%.

Lindt & Spruengli, Galderma Group, Kuehne + Nagel, Givaudan, Roche Holding and VAT Group also closed weak.

Julius Baer climbed nearly 3%. Holcim gained about 1.4%. Schindler Ps closed nearly 1% up. Nestle, Sika, Amrize and ABB closed with moderate gains.

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