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The Switzerland stock market ended on a weak note on Tuesday, in line with markets<\/span> across Europe, as worries about supply chain disruptions due to the sanctions imposed on Russia by the West hurt sentiment.<\/p>\n The benchmark SMI, which briefly moved into positive territory after opening marginally down, ended the session with a loss of 124.50 points or 1.04% at 11,862.28, nearly 75 points off the day’s low of 11,789.75.<\/p>\n Richemont and Swiss Re lost 7.2% and 7%, respectively. Credit Suisse declined nearly 6% and UBS Group shed 5.1%.<\/p>\n Partners Group, Zurich Insurance Group and Holcim lost 3.8%, 2.7% and 2.4%, respectively. ABB drifted down 1.8% and Alcon ended 1.24% down.<\/p>\n Swisscom shares moved up nearly 2%. Logitech gained about 1%. Geberit, Givaudan and Nestle posted modest gains.<\/p>\n In the Swiss Mid Price Index, Dufry ended more than 10% down. Swatch Group slipped nearly 8% and Zur Rose lost 6.85%. <\/p>\n Helvetia, AMS, Adecco, Cembra Money Bank, Temenos Group, Georg Fischer, Julius Baer and Flughafen Zurich ended lower by 3.7 to 5.6%.<\/p>\n Barry Callebaut and Lindt & Spruengli Part both shed about 2.25%. Kuehne & Nagel ended 1.75% down.<\/p>\n In economic news, the procure.ch and Credit Suisse Manufacturing PMI for Switzerland edged down to 62.6 on February of 2022 from 63.8 in the prior month, missing market expectations for a reading of 64. That was the slowest rate of expansion in 12 months. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n