BRUSSELS (dpa-AFX) - Swiss stocks inched lower Wednesday as European markets remained in a funk due to concerns about the United Kingdom and general economic weakness.
A looming referendum on Scottish independence threatens to re-work the region's financial system.
The Swiss Market Index was down 0.11 percent, having seen little movement near record highs over the past few days.
Swatch fell 1.8 percent on fears the stylish watchmaker might be hurt by Apple's new smartwatch.
Novartis reported new data on Gilenya that reinforces the clinical importance of measuring brain shrinkage (brain volume loss) in multiple sclerosis. Shares were flat after recent gains.
Drug maker Acino said it it will delist from the Swiss bourse SIX effective on September 17.
Dufry said it closed the 1.55 billion Swiss franc acquisition of The Nuance Group. Dufry was up fractionally.
Copyright RTT News/dpa-AFX