"The markets start the new week in gloomy spirits as economic growth concerns are clearly back in investors' minds"
- UralSib
Swiss stocks extended losses on Monday.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, erased 0.37%, or 22.89 points, to 6,160.78. The broader Swiss Performance Index lost 0.38%, or 21.64 points, to 5,714.68.
"The markets start the new week in gloomy spirits as economic growth concerns are clearly back in investors' minds," Moscow-based UralSib bank said in a morning note.
"The weak U.S. payrolls report on Friday added to already-negative sentiment and ensured that markets ended the week in a risk-off mode."
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