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Tag Archives: Brexit SMI

Swiss stocks tumble and franc rises on Brexit fears

Investec Switzerland. The Swiss Market Index (SMI) is set to post one of its largest falls since February this week as growing uncertainty around the result of Britain’s referendum on its membership of the 28-nation European Union bloc led to a global sell-off of company shares. © Evgenyi Gromov | Dreamstime.com Stocks around the world tumbled and demand for safe haven assets sent sovereign bond yields to record lows as new opinion polls fueled anxiety that the UK will...

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