{"id":20796,"date":"2022-04-19T17:25:30","date_gmt":"2022-04-19T17:25:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/04\/19\/swiss-market-settles-sharply-lower\/"},"modified":"2022-04-19T17:25:30","modified_gmt":"2022-04-19T17:25:30","slug":"swiss-market-settles-sharply-lower","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/04\/19\/swiss-market-settles-sharply-lower\/","title":{"rendered":"Swiss Market Settles Sharply Lower"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended sharply lower on Tuesday after staying weak right through the day&#8217;s session amid concerns about economic slowdown, rising inflation and fears about imminent policy tightening by global central banks.<\/p>\n<p>The benchmark SMI ended with a sharp loss of 193.66 points or 1.55% at 12,281.42, nearly 70 points off the day&#8217;s low of 12,212.13.<\/p>\n<p>Swiss Re plunged 7.58%. Roche Holding, Lonza Group and Geberit lost 3.54%, 3.2% and 3.1%, respectively. Givaudan and Zurich Insurance Group both ended lower by about 2.4%.<\/p>\n<p>Nestle and SGS both shed about 2%. Swiss Life Holding, Sika and Swisscom closed lower by 1.3 to 1.52%.<\/p>\n<p>ABB, Credit Suisse, Logitech and Alcon gained 1.25 to 1.46%. UBS Group ended 0.81% up.<\/p>\n<p>In the Swiss Mid Price Index, Adecco and SIG Combibloc both closed lower by about 3.1%. Zur Rose, Bachem Holding, Lindt &amp; Spruengli and BB Biotech lost 2 to 2.5%. Baloise Holding, Schindler Holding and Ems Chemie HOlding also ended notably lower.<\/p>\n<p>Temenos Group climbed more than 7%. AMS surged up nearly 3%. Cembra Money Bank, Kuehne &amp; Nagel, Dufry and VAT Group gained 1.5 to 2%. <\/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 Settles Sharply Lower<\/a><br \/>\n<br \/>2022-04-19 17:25:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended sharply lower on Tuesday after staying weak right through the day&#8217;s session amid concerns about economic slowdown, rising inflation and fears about imminent policy tightening&#8230;<\/p>\n","protected":false},"author":2,"featured_media":20797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-20796","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/20796","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=20796"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/20796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/20797"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=20796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=20796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=20796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}