Zurich, Switzerland (GenevaLunch) – Fears of a global recession is sparking European and Asian market losses. The Swiss stock market is also feeling the heat and was down at opening today, 24 October.
More than 3.5% of the 20 stocks at the Swiss Market Index (SMI), lost 5,667.24 points. Yesterday, the index closed at 5,893.73 points, down 0.54% or over 31 points. European stocks on Thursday 23 October, lost 0.1 in “choppy trade“.
Note: The SMI is a capitalization-weighted index made up of liquid SPI-large and mid-cap stock listed in the SWX Swiss Exchange.
Posted by Laila Rodriguez on 24 October 2008 at 14:33 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 24 October 2008.
Filed under: Uncategorized
Tags: SWI Swiss Market Index, Swiss Exchange, Swiss stock market
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