Investec Switzerland. In the last week of the year, the Swiss Market Index deepened its loss for the year as banks continued lower on low trading volumes. The SMI is set to end 2016 with an annual loss of 6.8% as banking and pharmaceutical giants pulled the index down in a year of turbulent trading. © Aprescindere | Dreamstime.com A volatile 2016 started with a brutal equity sell off as investors dumped global stocks on fears of an accelerating economic slowdown in China...
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