The Switzerland market ended on a weak note on Thursday, underperforming most of its peers in Europe, with investors mostly reacting to earnings updates. Concerns about geopolitical tensions weighed, rendering the mood cautious.
The benchmark SMI, which advanced to 14,535.18 around mid-morning after a weak start, ended the session with a loss of 93.61 points or 0.65% at 14,392.49.
Logitech International tumbled 6.5%, extending previous session’s decline after the company’s fiscal first-quarter earnings report revealed a serious supply chain disruption. A downward revision in the stock’s price target by Barclays weighed as well on the stock today.
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SMI Ends Lower As Logitech Slides On Supply Chain Woes
2026-07-30 18:22:15
