India, June 16 -- The Swiss stock market has finished lower in back-to-back sessions, clipping more than 230 points or 1.9 percent in that span.
The SMI defied most of the other European markets, weighed by the Israel-Iran conflict, which entered its fourth day with fresh missile exchanges. Iranian strikes on Tel Aviv, Haifa, and Petah Tikva killed at least five, injured dozens, and damaged key infrastructure, including a power plant.
For the day, the SMI lost 55.15 points or 0.45 percent to finish at 12,090.87 after trading between 12,072.29 and 12,155.41 Among the actives, UBS was up 0.08 percent, while Swisscom perked 0.09 percent, Zurich Insurance added 0.29 percent, Swiss Life collected 0.48 percent, Julius Bar Gruppe gained 0.61 per...