Swiss Market Ends Notably Lower

The Switzerland stock market ended notably lower on Monday, after closing the previous two sessions on a firm note. Investors chose to take some profits as a lack of positive triggers rendered the mood cautious. A slight drop in the unemployment rate helped limit market’s downside a bit.

The benchmark SMI, which moved slightly above the flat line till about an hour before noon, dropped to a low of 14,235.13 in later afternoon trades before settling at 14,302.26, down 121.98 points or 0.85% from previous close.