The Swiss market ends up down; Credit Suisse collapses again

(RTTNews) – The Swiss stock market, which spent only a few minutes in positive territory on Wednesday, closed the consultation at a particularly low level, while sales accelerated in the last hour.

The SMI benchmark closed with a drop of 74. 05 points, or 0. 67%, at 11,047. 37, the lowest level of the day.

Credit Suisse ended with a drop of approximately 5%, extending losses to a third day directly due to considerations of lender losses similar to the fall of Archegos Capital.

Swatch Group about 2. 2%. Richemont, Swiss Re, Zurich Insurance Group, SGS, Novartis, Swiss Life Holding and Partners Group 1 to 2%.

Givaudan and Sika also finished higher.

In the mid-cap segment, Galenica Sante fell by 2. 4%. Helvetia, Baloise Holding, Lindt

The Tecan Group grew by more than 4%. SIG Combibloc, Logitech, Straumann Holding, Dufry and BB Biotech won between 2% and 2. 8%, while AMS rose by 1. 7%.

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