Swiss stocks fell, with the country’s equity benchmark posting its longest streak of weekly losses since November, as China’s economy slowed more than forecast and concern about the euro-region debt crisis gained.
ABB Ltd. (ABBN), the world’s biggest power-grid supplier, led a drop in shares sensitive to economic growth. Cie. Financiere Richemont SA, the second-largest maker of luxury goods, also retreated. UBS AG (UBSN) and Credit Suisse Group AG (CSGN), the country’s two biggest banks, followed a gauge of European lenders lower.
The Swiss Market Index (SMI) slipped 0.9 percent to 6,072.12 at the close in Zurich.
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