After opening on a positive note Wednesday morning, the Swiss market pared gains and moved along the flat line till a little past mid-afternoon before losing further ground as the mood turned quite cautious amid concerns about inflation and growth as oil prices climbed higher.
Data showing a sharp drop in Swiss investor sentiment in the month of September weighed as well.
oil prices surged amid lingering uncertainty about Iran and the U.S. reaching a deal to end their conflict and pave the way for the reopening of the Strait of Hormuz. Brent crude futures moved to around $99.00 a barrel, gaining more than 3%.
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Swiss Market Ends On Weak Note
2026-09-30 18:09:59
