The Swiss stock market ended on Thursday with massive losses from the session. He was in line with most other major stock exchanges in Europe, where as much as the closeout mood before the end of the year accelerated.
So, the German DAX fell about 2.4 percent, or the British FTSE 1.5 percent. The Swiss benchmark index SMI is marked with a Minus of 2.6 percent, one of the saddest days of trading of the year, due in part to the very weak, Nestlé and Roche. It closed at 8'196 points, the new year, deep is 8'139 points. This is also the lowest level in over two years. Year-on-year, the negative amounts to about 13 percent.
the downward trend in The pre-Christmas days, continued at an accelerated pace. Alone of December brought the index to a decline of almost 10 percent. And volatility reached in the altjahre week at the end of an already very turbulent year, a new climax.
hustle and bustle of the US stock exchanges is contagious
the hustle and bustle of the American stock exchanges has jumped to Europe. The Dow Jones was shot on the second day of Christmas, by more than 1'000 points or nearly 5 percent in the height, had to get in order but only a part of the break-in on the last two trading days before Christmas.
uncertainty resulted in rumors about a possible dismissal of the President of the Federal reserve's Jerome Powell by a President Trump and the partial government shutdown shops in the United States. At the reporting date, the main index of the U.S. start-exchanges nervous and with a clear downward trend in the trade.
relaxation signals in the trade to calm the dispute between China and the United States failed, the markets shortly before the end of the year. The two countries ' companies, apparently, a new attempt to resolve the dispute over their trade relations. A Meeting of representatives of the two governments is planned for the coming month, as the Chinese Ministry of Commerce announced on Thursday.
Suffered are even worse because the Swiss market on the reporting date, in particular among the weak Nestlé (-3.8%) and the participation certificates of Roche (-3,2%), which together represent approximately 40 percent of the capitalization of the SMI. The behind Nestlé and Roche holding (bearer shares) third heaviest title Novartis (-2,0%) lost slightly less. Year-on-year perspective, Novartis fell in the negative range, however, the loss of under 1 percent are very moderate. Nestlé more than 7 percent in comparison to the end of 2017 deeper and Roche GS about 4 percent. (nlu/sda)
Created: 27.12.2018, 18:25 PM