Despite opening on a firm note and holding in positive territory around mid-morning, the Switzerland market ended notably lower on Friday as stocks drifted lower in afternoon trades, tracking weakness in other markets across Europe.
The benchmark SMI, which advanced to 12,305.79 in early trades, ended the day with a loss of 93.90 points or 0.77% at 12,140.25.
Richemont declined nearly 3%. Swiss Re shed about 2.5%. Sika, Holcim, ABB, Partners Group, Logitech, Geberit and Zurich Insurance Group lost 1.2 to 1.6%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.