{"id":30668,"date":"2023-01-30T18:21:32","date_gmt":"2023-01-30T18:21:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/01\/30\/swiss-market-ends-on-firm-note-34\/"},"modified":"2023-01-30T18:21:32","modified_gmt":"2023-01-30T18:21:32","slug":"swiss-market-ends-on-firm-note-34","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/01\/30\/swiss-market-ends-on-firm-note-34\/","title":{"rendered":"Swiss Market Ends On Firm Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market shrugged off a negative start and a subsequent weak spell that lasted till about a couple of hours past noon, and ended on a firm note on Monday with stocks finding support in late afternoon trades.<\/p>\n<p>The benchmark SMI ended with a gain of 47.34 points or 0.42% at 11,379.64, after scaling a low of 11,287.93 and a high of 11,397.53 intraday.<\/p>\n<p>Nestle and Swisscom gained 1.5% and 1.42%, respectively. Sonova, Swiss Re, Givaudan, Novartis and Alcon advanced 0.6 to 0.8%. <\/p>\n<p>Lonza Group, Holcim, UBS Group and Zurich Insurance Group posted modest gains.<\/p>\n<p>Credit Suisse drifted down nearly 2%. Partners Group ended lower by about 1.25%, while Logitech ended 0.74% down.<\/p>\n<p>In the Mid Price Index, Barry Callebaut climbed 1.8%, while Lindt &amp; Spruengli and SIG Combibloc both gained nearly 1%.<\/p>\n<p>Straumann Holding ended nearly 3% down. AMS, Zur Rose and Flughafen Zurich lost 2.2 to 2.6%.<\/p>\n<p>VAT Group, Bachem Holding and Julius Baer ended lower by 1.6%, 1.5% and 1.1%, respectively.<\/p>\n<p>A leading indicator for Switzerland&#8217;s <span class=\"landLinks\">economy<\/span> rose at the start of the year, for a second month in a row, to its highest level in seven months reflecting a less gloomier outlook, survey data from the Zurich-based KOF Swiss Economic Institute showed Monday.<\/p>\n<p>The KOF Economic Barometer gained 5.7 points to reach a level of 97.2 in January. Economists had forecast a score of 93.3. The December reading was revised to 91.5 from 92.2.<\/p>\n<p>The January score was the highest since June last year, when the reading was 98.1. <\/p>\n<\/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 \/>2023-01-30 18:21:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market shrugged off a negative start and a subsequent weak spell that lasted till about a couple of hours past noon, and ended on a firm note on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":30669,"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-30668","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30668","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=30668"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/30669"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=30668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=30668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=30668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}