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European Market Updates

Swiss Stocks Fall As Middle East Conflict Worries Weigh

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

The Switzerland market turned in a weak performance on Friday, mirroring the trend across Europe, as rising concerns about the economic impact of the ongoing Middle East conflict deterred investors from picking up stocks.

The benchmark SMI, which opened flat, dropped to a low of 12,994.29 around late afternoon and eventually ended the session at 13,095.55, with a loss of 202.75 points or 1.52%.

Amrize ended down 5.41%. Sika and Holcim drifted down by 3.65% and 3.3%, respectively. Geberit and Roche Holding closed nearly 3% down.

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