The Swiss leading index SMI closed 0.89 percent in the red and is thus at 11,391.10 points. But Frankfurt and Wall Street are worse off.
the essentials in brief
- The leading Swiss index SMI closed 0.89 percent down at 11,391.10 points.
- However, this puts the SMI in a better position than Wall Street or the Frankfurt Stock Exchange.
The Swiss leading index SMI is also affected by the current poor situation on the stock exchanges. It closes down 0.89 percent and stands at 11,391.10 points on Thursday evening.
In an international comparison, however, the SMI is not doing badly: As “Cash” reports, the Frankfurt Stock Exchange and Wall Street in New York are experiencing significantly larger losses.
The reasons for the negative development are the Ukraine war and the forthcoming change in the monetary policy of the European Central Bank (ECB). High inflation in the United States is also having an impact on the stock markets.
More on the subject:
–
