{"id":23642,"date":"2022-07-08T16:58:17","date_gmt":"2022-07-08T16:58:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/07\/08\/swiss-market-ends-higher-for-3rd-day\/"},"modified":"2022-07-08T16:58:17","modified_gmt":"2022-07-08T16:58:17","slug":"swiss-market-ends-higher-for-3rd-day","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/07\/08\/swiss-market-ends-higher-for-3rd-day\/","title":{"rendered":"Swiss Market Ends Higher For 3rd Day"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market closed on a firm note on Friday, extending gains to a third straight session, amid easing concerns about growth after data showed a stronger-than-expected increase in U.S. jobs growth in the month of June.<\/p>\n<p>The market remained a bit choppy till around mid afternoon, but kept moving higher as the day progressed to eventually close on a firm note.<\/p>\n<p>The benchmark SMI, which dropped to 10,882.86, rallied to 11,030.00 before settling for the day at 11,015.03, gaining 74.05 points or 0.68%.<\/p>\n<p>The SMI, which gained about 1.3% on Wednesday, posted a gain of 0.93% on Thursday. <\/p>\n<p>Holcim shares gained about 3.6% after the company said it has acquired General Beton Romania S.R.L, a key national player in ready-mix concrete.<\/p>\n<p>Logitech ralled 3.73%. Richemont gained 3.2%, while Lonza Group, UBS Group and Credit Suisse advanced 2.2 to 2.3%.<\/p>\n<p>Swiss Life Holding and Zurich Insurance Group both climbed about 1.65%. Partners Group and ABB ended higher by 1.12% and 1.07%, respectively. Swisscom, Novartis, Alcom and Sika also closed notably higher.<\/p>\n<p>Givaudan drifted down 1.37%. Roche Holding and Geberit ended lower by 0.88% and 0.75%, respectively.<\/p>\n<p>Among the stocks in the Swiss Mid Price Index, Cembera Money Bank climbed 4.1%. AMS rallied 3.3%, while Julius Baer, Dufry, Georg Fischer and Swatch Group gained 2 to 2.6%.<\/p>\n<p>Zur Rose, Bachem Holding and PSP Swiss Property ended lower by 3.4%, 2.5% and 1.28%, respectively. <\/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 Ends Higher For 3rd Day<\/a><br \/>\n<br \/>2022-07-08 16:58:17<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market closed on a firm note on Friday, extending gains to a third straight session, amid easing concerns about growth after data showed a stronger-than-expected increase in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":23643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-23642","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\/23642","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=23642"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/23643"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=23642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=23642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=23642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}