Save for a very brief while at the start, the Switzerland market stayed weak on Wednesday amid uncertainty about a full-fledged U.S.- Iran ceasefire in the Middle East following the latest wave of strikes and counterstrikes by the warring nations.
The benchmark SMI ended down by 87.40 points or 0.66% at 13,218.32. The index, which edged up to 13,338.07 in early trades, dropped to a low of 13,152.78 about an hour past noon.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.