{"id":13197,"date":"2021-08-23T17:40:40","date_gmt":"2021-08-23T17:40:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/23\/swiss-market-ends-on-firm-note-13\/"},"modified":"2021-08-23T17:40:40","modified_gmt":"2021-08-23T17:40:40","slug":"swiss-market-ends-on-firm-note-13","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/23\/swiss-market-ends-on-firm-note-13\/","title":{"rendered":"Swiss Market Ends On Firm Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market closed on a firm note on Monday, in line with other <span class=\"landLinks\">markets<\/span> in Europe, as shares rebounded after suffering sharp losses in the previous week.<\/p>\n<p>Optimism about earnings and economic growth contributed to the uptrend in the markets. <\/p>\n<p>The benchmark SMI ended with a gain of 61.21 points or 0.49% at 12,476.87 after moving in a very narrow range between 12,423.73 and 12,490.51.<\/p>\n<p>Richemont shares surged up 3.8%. Swatch Group gained nearly 1.5%, while Holcim, Swiss Re, Credit Suisse, Swiss Life Holding, Geberit and Givaudan gained 0.8 to 1.2%. Sika, Novartis, Lonza Group and ABB also closed higher.<\/p>\n<p>In the Swiss Mid Price Index, shares of Cembra Money Bank plunged 31% after terminating credit card partnership with Swiss retailer Migro.<\/p>\n<p>Dufry and Tecan Group gained 4.4% and 4.3%, respectively. AMS, BB Biotech, Kuehne &amp; Nagel, Temenos Group and SIG Combibloc ended stronger by 1.7 to 2.6%.<\/p>\n<p>Swiss chemicals firm Clariant, which declined early on in the session, recovered as the session progressed to close with a gain of about 0.75%. The company said it has acquired remaining 70% stake in Brazilian Personal Care specialty company Beraca to seize full control. <\/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 Firm Note<\/a><br \/>\n<br \/>2021-08-23 17:40:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market closed on a firm note on Monday, in line with other markets in Europe, as shares rebounded after suffering sharp losses in the previous week. Optimism&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13198,"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-13197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13197","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=13197"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13198"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}