{"id":28944,"date":"2022-12-09T18:24:10","date_gmt":"2022-12-09T18:24:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/12\/09\/swiss-market-ends-on-firm-note-31\/"},"modified":"2022-12-09T18:24:10","modified_gmt":"2022-12-09T18:24:10","slug":"swiss-market-ends-on-firm-note-31","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/12\/09\/swiss-market-ends-on-firm-note-31\/","title":{"rendered":"Swiss Market Ends On Firm Note"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market shrugged off a sluggish start and moved higher on Friday as news about loosening of Covid restrictions in China helped outweigh concerns about economic slowdown and prompted investors to pick up some stocks. <\/p>\n<p>The benchmark SMI, which edged down to 10,980.80 in early trades, ended the session with a gain of 63.77 points or 0.58% at 11,068.30. The index climbed to a high of 11,101.33 intraday.<\/p>\n<p>Credit Suisse rallied 6.76% after the Swiss lender announced it has raised 2.24 billion Swiss francs ($2.39 billion) as part of a 4-billion-franc cash call.<\/p>\n<p>Sika surged nearly 3%. Geberit, Givaudan, Partners Group, Logitech and ABB gained 1.4 to 2%.<\/p>\n<p>Sonova, Swiss Life Holding, UBS Group, Holcim, Swiss Re and Swisscom gained 0.5 to 1%.<\/p>\n<p>In the Mid Price index, Lindt &amp; Spruengli surged nearly 3%. Clariant, Belimo Holding, Galenica Sante, Swatch Group, VAT Group, Schindler Ps, SIG Combibloc, Ems Chemie Holding and Georg Fischer gained 2 to 2.5%. <\/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 On Firm Note<\/a><br \/>\n<br \/>2022-12-09 18:24:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market shrugged off a sluggish start and moved higher on Friday as news about loosening of Covid restrictions in China helped outweigh concerns about economic slowdown and prompted&#8230;<\/p>\n","protected":false},"author":2,"featured_media":28945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-28944","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\/28944","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=28944"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/28944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/28945"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=28944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=28944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=28944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}