TELETRADER News
3/29, 10:05 AM
(Source: TeleTrader)
Swiss investor sentiment plunges in March
Investor sentiment across Switzerland significantly worsened in March compared to the previous month, according to a report jointly issued by Credit Suisse and the CFA Institute on Wednesday.
The expectations index tumbled from minus 12.3 points to minus 41.3 this month, while the current conditions index slipped by 3.3 points to 15.2.
"Sentiment among Swiss financial analysts is deteriorating once again, and prospects for equity returns are suffering due to the recent banking turmoil," the CFA noted.