{"id":19857,"date":"2022-03-21T17:57:58","date_gmt":"2022-03-21T17:57:58","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/03\/21\/swiss-market-snaps-6-day-winning-streak\/"},"modified":"2022-03-21T17:57:58","modified_gmt":"2022-03-21T17:57:58","slug":"swiss-market-snaps-6-day-winning-streak","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/03\/21\/swiss-market-snaps-6-day-winning-streak\/","title":{"rendered":"Swiss Market Snaps 6-day Winning Streak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended marginally down on Monday after a choppy ride, as investors largely stayed cautious and refrained from making significant moves amid concerns about the ongoing war in Ukraine.<\/p>\n<p>Reports about an emerging subvariant of omicron strain of the <span class=\"landLinks\">coronavirus<\/span> in Europe also weighed on sentiment.f<\/p>\n<p>Also, investors took some profits at a few counters after six successive days of gains.<\/p>\n<p>The benchmark SMI, which dropped to 12,110.59 after opening marginally down, ended the day with a loss of 13.71 points or 0.11% at 12,171.28.<\/p>\n<p>UBS Group, Swisscom and Swiss Life Holding gained 1.1 to 1.3%. Lonza Group, Swiss Re, Partners Group and Zurich Insurnance Group moved up 0.6 to 0.8%.<\/p>\n<p>Richemont declined 2.1%. Sika shed about 1.1%, while Givaudan and Logitech both ended lower by about 0.85%. Holcim, Alcon and Nestle also ended weak.<\/p>\n<p>In the Mid Price Index, Tecan Group rallied 4.3%. Lindt &amp; Spruengli gained about 2.5%, SIG Combibloc surged up 1.9% and OC Oerlikon Corp gained 1.6%. PSP Swiss Property, Lindt &amp; Spruengli N, Baloise Holding, Swiss Prime Site and Georg Fischer also closed higher.<\/p>\n<p>BB Biotech declined 5.6% and Flughafen Zurich ended lower by nearly 2.5%. Swatch Group shed about 0.76%. <\/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 Snaps 6-day Winning Streak<\/a><br \/>\n<br \/>2022-03-21 17:57:58<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended marginally down on Monday after a choppy ride, as investors largely stayed cautious and refrained from making significant moves amid concerns about the ongoing war&#8230;<\/p>\n","protected":false},"author":2,"featured_media":19858,"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-19857","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/19857","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=19857"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/19857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/19858"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=19857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=19857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=19857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}