Swiss Market Settles Modestly Lower

The Switzerland stock market closed modestly lower on Thursday after staying in negative territory right through the day’s session amid concerns about escalating Middle East tensions. Investors also reacted to some corporate news.

The benchmark SMI ended down by 40.12 points or 0.28% at 14,267.19, the day’s high. The index dropped to a low of 14,133.13 around mid-afternoon.

Partners Group closed 6% down, following the company capping withdrawals from an $8.6 billion private equity fund after rising redemptions;