{"id":10383,"date":"2021-06-02T18:14:59","date_gmt":"2021-06-02T18:14:59","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/02\/swiss-market-ends-on-positive-note-2\/"},"modified":"2021-06-02T18:14:59","modified_gmt":"2021-06-02T18:14:59","slug":"swiss-market-ends-on-positive-note-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/02\/swiss-market-ends-on-positive-note-2\/","title":{"rendered":"Swiss Market Ends On Positive Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended on a positive note on Wednesday, in line with the trend seen across Europe, as continued optimism about global economic recovery underpinned sentiment.<\/p>\n<p>The benchmark SMI ended with a gain of 35.47 points or 0.31% at 11,470.35, after climbing to a high of 11,495.31.<\/p>\n<p>Richemont shares climbed 1.7%. Novartis ended nearly 1% up and ABB gained 0.8%. Nestle and Swisscom both moved up by about 0.7%.<\/p>\n<p>Swiss Life Holding, Partners Group and Alcon shed 0.7 to 0.85%. Swiss Re, Zurich Insurance Group, UBS Group, Swatch Group, Sika and SGS posted modest losses.<\/p>\n<p>In the Mid Cap Index, Logitech rallied more than 3%, Lindt &amp; Spruengli gained 2.1% and OC Oerlikon Corp ended nearly 2% up. Dufry, Swiss Prime Site, Kuehne &amp; Nagel, Schindler, SIG Combibloc and PSP Swiss Property also posted notable gains.<\/p>\n<p>Tecan Group and Sonova both ended lower by about 1.6%. Julius Baer, Temenos Group, Straumann Holding and Adecco also closed weak.<\/p>\n<p>The procure.ch Manufacturing PMI in Switzerland rose to an all-time high of 69.9 in May of 2021, from 69.5 in the previous month and just under market expectations of 70.0, amid a quickening rebound of factory activity from the COVID-19 downturn. <\/p>\n<\/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 Ends On Positive Note<\/a><br \/>\n<br \/>2021-06-02 18:14:59<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended on a positive note on Wednesday, in line with the trend seen across Europe, as continued optimism about global economic recovery underpinned sentiment. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10384,"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-10383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10383","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=10383"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10384"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}