{"id":16419,"date":"2021-11-24T18:34:24","date_gmt":"2021-11-24T18:34:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/24\/swiss-market-ends-modestly-higher-10\/"},"modified":"2021-11-24T18:34:24","modified_gmt":"2021-11-24T18:34:24","slug":"swiss-market-ends-modestly-higher-10","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/24\/swiss-market-ends-modestly-higher-10\/","title":{"rendered":"Swiss Market Ends Modestly Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended modestly higher on Wednesday despite suffering a few setbacks during the course of the day&#8217;s session.<\/p>\n<p>The benchmark SMI ended up by $28.99 points or 0.23% at 12,395.72. The index, which advanced to 12,424.75 in early trades, dropped to a low of 12,336.80 later on in the day before emerging into positive territory again.<\/p>\n<p>Holcim gained 1.73%, UBS Group climbed 1.41%, Roche Holding gained 1.13% and Richemont advanced 1.1%.<\/p>\n<p>Swiss Life Holding and Swisscom both gained nearly 1%. Credit Suisse, Zurich Insurance Group and Swiss Re also ended notably higher.<\/p>\n<p>Lonza Group, ABB, Novartis, Nestle and Givaudan ended lower by 0.4 to 0.65%.<\/p>\n<p>Among the stocks in the Swiss Mid Price Index, Lindt &amp; Spruengli gained nearly 2%. Julius Baer and Swiss Prime Site both moved up nearly 1.3%. PSP Swiss Property, Tecan Group, Georg Fischer and BB Biotech gained 0.7 to 1%.<\/p>\n<p>Vifor Pharma declined more than 5%. AMS shed about 3.4% and SIG Combibloc slid 2.1%. Clariant, OC Oerlikon Corp and Galenica Sante also ended notably lower.<\/p>\n<p>In economic news, a report from Credit Suisse &amp; CFA Society Switzerland said Swiss investor sentiment index declined by 26.4 points from the previous month to -10.8 in November, the lowest since March of 2020. On the other hand, the assessment of current of the economic situation increased to 54.1 from 50 in October. <\/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 Modestly Higher<\/a><br \/>\n<br \/>2021-11-24 18:34:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended modestly higher on Wednesday despite suffering a few setbacks during the course of the day&#8217;s session. The benchmark SMI ended up by $28.99 points or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16420,"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-16419","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16419","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=16419"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16420"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}