No Relief Yet For Swiss Stock Market
From Nasdaq: 2025-06-20 14:04:00
The Swiss stock market closed slightly lower on Friday after six consecutive sessions of declines, with the SMI dropping 0.20 points to 11,871.32. Reports of potential negotiations between U.S. President Trump and Iran initially boosted the market, but a late drop erased gains. SGS fell 3.64%, Swatch Group dropped 1.88%, and Swiss Re rose 1.52%. Nestle, Swiss Life, UBS Group, and other major companies also saw fluctuations in their stock prices. The market remains uncertain as investors await further developments.
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