{"id":30258,"date":"2023-01-18T18:06:38","date_gmt":"2023-01-18T18:06:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/01\/18\/swiss-market-ends-weak-after-choppy-session\/"},"modified":"2023-01-18T18:06:38","modified_gmt":"2023-01-18T18:06:38","slug":"swiss-market-ends-weak-after-choppy-session","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/01\/18\/swiss-market-ends-weak-after-choppy-session\/","title":{"rendered":"Swiss Market Ends Weak After Choppy Session"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended modestly lower after a choppy session on Wednesday with investors largely staying reluctant to make significant moves.<\/p>\n<p>The benchmark SMI, which spent much of the day&#8217;s session in negative territory, ended with a loss of 35.37 points or 0.31% at 11,366.62, slightly off the day&#8217;s low of 11,352.88. The index touched a high of 11,423.07 before drifting lower.<\/p>\n<p>Nestle drifted down 1.88%. Novartis, Swisscom and Sonova lost 1.02%, 0.89% and 0.76%, respectively. ABB ended lower by about 0.5%.<\/p>\n<p>Logitech rallied 2.1% and Sika ended nearly 2% down, while Swiss Re advanced nearly 1.5%.<\/p>\n<p>Holcim and Roche Holding bother gained about 0.5%. Richemont shares ended 0.66% up after reporting higher quarterly sales, driven by growth across all regions with the exception of Asia Pacific.<\/p>\n<p>In the Mid Price Index, Zur Rose dropped more than 4%. Swiss Prime Site ended nearly 3% down and Baloise Holding closed 2.1% down, while Galenica Sante shed about 1.1%.<\/p>\n<p>Flughafen Zurich surged 5.5%, Tecan Group climbed 4.3% and VAT Group firmed 2.02%. Barry Callebaut and Georg Fischer gained 1.33% and 1.06%, 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 Weak After Choppy Session<\/a><br \/>\n<br \/>2023-01-18 18:06:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended modestly lower after a choppy session on Wednesday with investors largely staying reluctant to make significant moves. The benchmark SMI, which spent much of the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":30259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-30258","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30258","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=30258"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/30259"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=30258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=30258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=30258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}