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Swiss market has fallen significantly

The Swiss stock market fell sharply on Wednesday. market Throughout Europe, weak data from China raised concerns that the effects of the surge in coronavirus cases have slowed global economic growth.

Benchmark SMI was 11,984.83, down 112.45 points or 0.93%.

Richemont’s share price has fallen by more than 4%. The Swatch Group was down 3% and Credit Suisse was down about 2.4%. Geberit, Sika, Lonza Group and ABB lost 1-1.7%.

Roche Holding fell 0.7% after announcing that it would not be involved in a legal dispute with pharmaceutical companies such as Hetero over patent rights.

Archon was up about 0.8% and UBS Group was up 0.26%.

Among the shares in the Swiss Mid-Price Index, Dufry fell 6.25%. AMS fell 3.3%, while Temenos Group, Logitech, Schindler Ps, Ems Chemie Holding, PSP Swiss Property, Cembra Money Bank, Vifor Pharma and Schindler Holding fell 1.4-2.5%.

Kuehne + Nagel rose 2.8%. Lindt & Spruengli N rose 1.65%.

Meanwhile, a new number coronavirus The number of cases in Switzerland is increasing, with 2,604 new cases reported today, from 1,991 on Tuesday.

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Swiss market has fallen significantly

Source link Swiss market has fallen significantly

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