SMI EQUITY MARKETS CLOSED DOWN Friday August 18

SMI EQUITY MARKETS CLOSED DOWN Friday August 18

SMI EQUITY MARKETS decreased 71 points or 0.79% to 8874 on Friday August 18 from 8945
The Swiss stock market ended Thursday’s session with a loss, extending the weakness from the previous session. The pullback has dropped the market below the 9,000 point level. Investors remain concerned by the escalating tensions between the United States and North Korea. The Swiss stock market fluctuated between small gains and losses during the first half of Thursday’s session. However, the weak opening on Wall Street pushed the market definitively into negative territory.

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

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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.




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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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