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Companies & Markets

Switzerland: Stock exchange closes down 5.96% on soaring franc

Published Fri, Jan 16, 2015 · 11:15 PM
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[GENEVA] Swiss stocks closed down nearly six per cent on Friday, a day after the central bank stunned markets by scrapping its three-year bid to hold down the value of the franc.

The Swiss stock exchange's main SMI index shed 5.96 per cent to 7,899.59 points.

AFP

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