{"id":31789,"date":"2023-03-02T18:36:30","date_gmt":"2023-03-02T18:36:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/03\/02\/swiss-market-ends-on-strong-note-16\/"},"modified":"2023-03-02T18:36:30","modified_gmt":"2023-03-02T18:36:30","slug":"swiss-market-ends-on-strong-note-16","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/03\/02\/swiss-market-ends-on-strong-note-16\/","title":{"rendered":"Swiss Market Ends On Strong Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended on a strong note on Thursday, shrugging off a weak start and a subsequent sluggish spell, as investors picked up stocks from across various sectors.<\/p>\n<p>The benchmark SMI, which dropped to 10,994.16 in early trades, ended the session with a gain of 109.50 points or 0.99% at 11,165.58, near the day&#8217;s high of 11,168.83.<\/p>\n<p>Nestle rallied more than 2%. Holcim gained 1.75%, while Novartis, Givaudan, Swisscom, Sonova, Geberit and Roche Holding gained 1 to 1.8%.<\/p>\n<p>Sika and Richemont both ended nearly 1% up. Zurich Insurance Group, Swiss Re and Alcon also ended on a firm note.<\/p>\n<p>Credit Suisse tumbled nearly 7%. UBS Group ended lower by about 0.6%.<\/p>\n<p>In the Mid Price Index, Barry Callebaut, Swatch Group, Belimo Holding and Straumann Holding gained 1.65 to 2.15%.<\/p>\n<p>Ems Chemie Holding, Galenica Sante and Lindt &amp; Spruengli also ended with strong gains.<\/p>\n<p>Zur Rose and VAT Group lost 2.1% and 1.9% respectively. Clariant ended 1.4% down after it forecast annual sales to slightly decline in 2023. <\/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 Strong Note<\/a><br \/>\n<br \/>2023-03-02 18:36:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended on a strong note on Thursday, shrugging off a weak start and a subsequent sluggish spell, as investors picked up stocks from across various sectors. The&#8230;<\/p>\n","protected":false},"author":2,"featured_media":31790,"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-31789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31789","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=31789"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/31790"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=31789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=31789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=31789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}