{"id":16141,"date":"2021-11-16T17:46:20","date_gmt":"2021-11-16T17:46:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/16\/swiss-market-hits-new-all-time-high-ends-modestly-higher\/"},"modified":"2021-11-16T17:46:20","modified_gmt":"2021-11-16T17:46:20","slug":"swiss-market-hits-new-all-time-high-ends-modestly-higher","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/16\/swiss-market-hits-new-all-time-high-ends-modestly-higher\/","title":{"rendered":"Swiss Market Hits New All-time High, Ends Modestly Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite opening lower, the Switzerland market climbed higher on Tuesday amid stock specific activity and eventually ended the session on a firm note. <\/p>\n<p>The benchmark SMI, which drifted down to 12,482.35 in early trades, climbed to a new all-time high at 12,574.48 before settling for the day at 12,557.34 with a modest gain of 40.22 points or 0.32%.<\/p>\n<p>ABB and Alcon gained 1.27% and 1.24%, respectively. SGS, Lonza Group, UBS Group, Richemont, Holcim and Swiss Life Holding gained 0.5 to 0.85%.<\/p>\n<p>Geberit declined more than 2%.Credit Suisse and Logitech ended lower by 0.64% and 0.35%, respectively.<\/p>\n<p>Among the stocks in the Swiss Mid Price Index, Swatch Group rallied 2.15%. Tecan Group gained nearly 1%, while Vifor Pharma, Vat Group and OC Oerlikon Corp ended higher by 0.7 &#8211; 0.8%.<\/p>\n<p>Straumann Holding, Zur Rose, Kuehne &amp; Nagel and Adecco shed 1.7 to 2%. Sonova, Lindt &amp; Spruengli Part, Temenos Group and Lindt &amp; Spruenglin N ended lower by 0.1% to 1.2%.<\/p>\n<p>Meanwhile, in <span class=\"landLinks\">coronavirus<\/span> updates, the Federal Office of Public Health said almost 4,300 new infections were reported on Tuesday. The seven-day weekly average has gone up by 43%. <\/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 Hits New All-time High, Ends Modestly Higher<\/a><br \/>\n<br \/>2021-11-16 17:46:20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite opening lower, the Switzerland market climbed higher on Tuesday amid stock specific activity and eventually ended the session on a firm note. The benchmark SMI, which drifted down to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16142,"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-16141","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16141","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=16141"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16142"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}