{"id":10313,"date":"2021-05-31T18:02:14","date_gmt":"2021-05-31T18:02:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/31\/swiss-market-slips-after-hitting-fresh-record-high-settles-moderately-lower\/"},"modified":"2021-05-31T18:02:14","modified_gmt":"2021-05-31T18:02:14","slug":"swiss-market-slips-after-hitting-fresh-record-high-settles-moderately-lower","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/31\/swiss-market-slips-after-hitting-fresh-record-high-settles-moderately-lower\/","title":{"rendered":"Swiss Market Slips After Hitting Fresh Record High, Settles Moderately Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market opened lower Monday morning, and despite emerging into positive territory subsequently, faltered by noon and kept sliding as the day progressed to finally close weak.<\/p>\n<p>Amid a lack of significant positive triggers, investors chose to take some profits. The benchmark SMI, which hit a fresh high at 11,433.76, ended with a loss of 62.70 points or 0.55% at 11,363.45, the day&#8217;s low.<\/p>\n<p>Roche Holdings, Holcim, Novartis, Zurich Insurance Group, Swiss Re, UBS Group, Swiss Life Holding, Lonza Group and Credit Suisse shed 0.5 to 1%.<\/p>\n<p>Partners Group and Richemont, up 0.5% and 0.3%, respectively, were the two gainers in the SMI index.<\/p>\n<p>Among the stocks in the Swiss Mid Price Index, Dufry and Baloise Holding lost 1.4% and 1.1%, respectively. Tecan Group, Schindler Ps, Swiss Prime Site and Adecco ended lower by 0.7 to 0.85%.<\/p>\n<p>Flughafen Zurich gained nearly 1.5%, Lindt &amp; Spruengli AG N climbed 1.3% and Lindt &amp; Spruengli AG Part gained 1%.<\/p>\n<p>On the vaccination front, reports say the rate of vaccination against Covid-19 in Switzerland is now among the best in the world. The Swiss <span class=\"landLinks\">health<\/span> ministry has reportedly said that a million doses of the Moderna vaccination arrived in Switzerland on Saturday (May 29) with another 2.5 million doses from Moderna and Pfizer\/Biontech expected next month. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Swiss Market Slips After Hitting Fresh Record High, Settles Moderately Lower<\/a><br \/>\n<br \/>2021-05-31 18:02:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market opened lower Monday morning, and despite emerging into positive territory subsequently, faltered by noon and kept sliding as the day progressed to finally close weak. Amid&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-10313","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10313"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10314"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}