{"id":14817,"date":"2021-10-08T17:31:40","date_gmt":"2021-10-08T17:31:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/08\/swiss-market-ends-flat-after-lackluster-session\/"},"modified":"2021-10-08T17:31:40","modified_gmt":"2021-10-08T17:31:40","slug":"swiss-market-ends-flat-after-lackluster-session","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/08\/swiss-market-ends-flat-after-lackluster-session\/","title":{"rendered":"Swiss Market Ends Flat After Lackluster Session"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite recovering gradually after an early setback, the Switzerland stock market closed roughly flat on Friday with investors largely staying cautious and refraining from making significant moves.<\/p>\n<p>Worries about inflation and imminent rate hikes from central banks weighed on sentiment. Data showing a weaker than expected job growth in the U.S. in the month of September hurt as well.<\/p>\n<p>The benchmark SMI, which drifted down to 11,690.35 around mid-morning, ended with a small gain of 1.35 points or 0.01% at 11,764.99, slightly off the day&#8217;s high of 11,770.15.<\/p>\n<p>UBS Group, Roche Holding and Credit Suisse gained 1.2 to 1.3%. Zurich Insurance Group and Swisscom ended higher by 0.57% and 0.52%, respectively.<\/p>\n<p>Partners Group declined nearly 1.6%, Givaudan ended lower by 1.3% and Sika closed 1.1% down. Richemont, Geberit, Lonza Group and ABB alco ended notably lower.<\/p>\n<p>Among the stocks in the Swiss Mid Price Index, Zur Rose ended more than 6% down. Sonova closed lower by nearly 3%, while SIG Combibloc and AMS both ended lower by about 1.75%. <\/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 Flat After Lackluster Session<\/a><br \/>\n<br \/>2021-10-08 17:31:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite recovering gradually after an early setback, the Switzerland stock market closed roughly flat on Friday with investors largely staying cautious and refraining from making significant moves. Worries about inflation&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-14817","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14817","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=14817"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14818"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}