India, Aug. 26 -- After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.
The mood was down, in line with markets across Europe, due to political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.
The benchmark SMI closed down by 45.47 points or 0.37% at 12,160.89, after scaling a low of 12,118.84 and a high of 12,237.39 intraday.
Swatch Group ended down 3.2% and Adecco closed lower by about 3.1%. Swiss Life Holding lost nearly 2%.
Partners Group, Zurich Insurance, Julius Ba...