{"id":28740,"date":"2022-12-05T18:09:10","date_gmt":"2022-12-05T18:09:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/12\/05\/swiss-market-ends-flat-12\/"},"modified":"2022-12-05T18:09:10","modified_gmt":"2022-12-05T18:09:10","slug":"swiss-market-ends-flat-12","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/12\/05\/swiss-market-ends-flat-12\/","title":{"rendered":"Swiss Market Ends Flat"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended flat on Monday after swinging between gains and losses in cautious trade.<\/p>\n<p>Worries about economic slowdown and uncertainty about the outlook for Federal Reserve&#8217;s interest rate weighed on sentiment.<\/p>\n<p>The benchmark SMI ended with a loss of 3.46 points or 0.03% at 11,194.67. The index moved in a tight band, scaling a low of 11,170.93 and a high of 11,239.76 intraday.<\/p>\n<p>Logitech, Sonova, Givaudan, Sika and Geberit lost 1.42 to 1.83%. Nestle ended 1.6% down after the Swiss FMCG company announced that it will restrict its marketing of high sugary products to kids under the age of 16. <\/p>\n<p>Alcon, Lonza Group and Partners Group ended lower by 1.1 to 1.22%.<\/p>\n<p>Credit Suisse rallied 2.85%. Novartis advanced nearly 2% after the pharmaceutical company said a prostate treatment that delivers radiation to specifically targeted cancer cells helped patients in a study that will be used for U.S. regulatory approval.<\/p>\n<p>UBS Group climbed 1.68%, while Swiss Re ended nearly 1% up. Roche Holding and Swiss Life Holding posted modest gains.<\/p>\n<p>In the Mid Price Index, Barry Callebaut ended more than 3% down. AMS, Straumann Holding, Lindt &amp; Spruentli, Temenos Group and Georg Fischer lost 2 to 2.7%.<\/p>\n<p>Adecco, Bachem Holding, Schindler PS and Schindler Holding also ended notably lower.<\/p>\n<p>VAT Group ended stronger by about 2.4%. Zur Rose climbed nearly 2%, while Tecan Group and PSP Swiss Property gained 0.73% and 0.66%, 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 Flat<\/a><br \/>\n<br \/>2022-12-05 18:09:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended flat on Monday after swinging between gains and losses in cautious trade. Worries about economic slowdown and uncertainty about the outlook for Federal Reserve&#8217;s interest&#8230;<\/p>\n","protected":false},"author":2,"featured_media":28741,"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-28740","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/28740","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=28740"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/28740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/28741"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=28740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=28740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=28740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}