SNB Keeps Rates Steady; Swiss Equities Close Marginally Lower

(RTTNews) - The Switzerland market ended marginally down on Thursday, in line with markets across Europe, as surging oil prices amidst seemingly elusive deal between Iran and the U.S. fueled concerns about interest rates and economic growth. Investors also digested the Swiss National Bank's decision to hold interest rate at zero percent. Policymakers observed that the monetary policy is appropriate to keep inflation within the range consistent with price stability and supports economic development. The benchmark SMI, which spent very little time in positive territory today, ended the session at 13,905.82, down 15.90 points or 0.11% from previous close. Logitech International tumbled 6.1%. Partners Group drifted down 5.3%.