SMI EQUITY MARKETS decreased 71 points or 0.79% to 8874 on Friday August 18 from 8945 in the previous trading session. Historically, the Switzerland Stock Market (SMI) reached an all time high of 9531.50 in June of 2007 and a record low of 1287.60 in January of 1991.
The Swiss stock market ended Friday’s session solidly in negative territory, extending the loss from the previous day. The deadly terror attack in Spain had a negative impact on investor sentiment at the end of the trading week. Meanwhile, investors also remain concerned that U.S. President Trump will be unable to implement the tax reforms and infrastructure programs that were promised during the election.
SMI EQUITY MARKETS
The Swiss Market Index decreased by 0.79 percent Friday and finished at 8,874.35. The Swiss Leader Index dropped 0.76 percent and the Swiss Performance Index lost 0.79 percent.
Sika declined 2.3 percent, Aryzta dropped 2.2 percent and Dufry fell 1.9 percent.
Click here for reuse options!