{"id":12066,"date":"2021-07-21T17:39:27","date_gmt":"2021-07-21T17:39:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/21\/swiss-market-closes-on-firm-note-for-2nd-straight-day\/"},"modified":"2021-07-21T17:39:27","modified_gmt":"2021-07-21T17:39:27","slug":"swiss-market-closes-on-firm-note-for-2nd-straight-day","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/21\/swiss-market-closes-on-firm-note-for-2nd-straight-day\/","title":{"rendered":"Swiss Market Closes On Firm Note For 2nd Straight Day"},"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 firm note for a second straight session, as the mood remained positive on Wednesday as <span class=\"landLinks\">markets<\/span> across Europe gained in strength riding on some upbeat earnings.<\/p>\n<p>The benchmark SMI ended with a gain of 75.90 points or 0.64% at 12,021.58, after moving in a tight range between 11,983.23 and 12,048.55. The index gained about 0.7% on Tuesday.<\/p>\n<p>Swiss Life Holding climbed 3.2%. UBS Group moved up nearly 3%, extending gains from the previous session, with the stock continuing to find support after the lender reported stronger than expected results. Swiss Re surged up 2.8%, Richemont gained 2.53% and Credit Suisse ended with a gain of 2.15%.<\/p>\n<p>Partners Group, Holcim, Zurich Insurance Group and ABB gained 1.6 to 2%, and Swatch Group moved up 1.1%.<\/p>\n<p>Novartis declined 0.7%, Nestle ended lower by 0.25%, and Givaudan edged down marginally.<\/p>\n<p>In the Mid Price index, AMS gained 3.5%, while Dufty, Logitech, Helvetia, OC Oerlikon Corp, Julius Baer and Adecco gained 2 to 3%. Flughafen Zurich, Baloise Holding, Straumann Holding, Swiss Prime Site and Clariant also ended sharply higher.<\/p>\n<p>In Covid news, Switzerland reported 770 new cases in the last 24 hours, compared to 7-day average of 577 cases.<\/p>\n<p>According the federal <span class=\"landLinks\">health<\/span> office, the growth in virus cases is due to the highly infectious Delta variant affecting unvaccinated people, mainly young people aged 10-29. The vice-president of the National Covid-19 Science Task Force, Samia Hurst said, &#8220;We could experience another wave in Switzerland that is higher than last autumn.&#8221; <\/p>\n<p>However, hospitalisations are at a relatively low level, according to officials. <\/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 Closes On Firm Note For 2nd Straight Day<\/a><br \/>\n<br \/>2021-07-21 17:39:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended on a firm note for a second straight session, as the mood remained positive on Wednesday as markets across Europe gained in strength riding on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12067,"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-12066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12066","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=12066"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12067"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}