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The Swiss Market Index dipped below the 6,000 mark Tuesday, pushed lower by market uncertainty over Greek debt.
The SMI fell 1 percent to 5977, marginally better than exchanges in London and Frankfurt.
Positive macroeconomic data from Germany briefly helped stocks, but fears of a Greek default and the failure for a government to form in Greece, brought markets lower.
One of the biggest losers on the SMI was Basel biotech firm Actelion, losing 4 percent, after indicating it would be cutting costs through unnamed measures after booking a 146 million franc loss for last year.
Financial news agency AWP reported company management indicated the possibility of lay-offs at Actelion was being explored.