Last Week on SIX Swiss Exchange: SMI Slides 6.6% as Roche, Zurich and Franc Jitters Bite
The Swiss Market Index closed at 13,095.55 on Friday, down 1.52% for the day and 6.6% since February’s end. Roche shares dropped 2.9% after disappointing drug trial results, while Zurich Insurance fell 5.4% Tuesday after a major share sale. The euro slipped to 0.9019 franc as the Swiss franc surged on safe-haven demand.