{"id":37305,"date":"2023-08-09T17:49:39","date_gmt":"2023-08-09T17:49:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/09\/swiss-market-ends-higher-after-cautious-session\/"},"modified":"2023-08-09T17:49:39","modified_gmt":"2023-08-09T17:49:39","slug":"swiss-market-ends-higher-after-cautious-session","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/09\/swiss-market-ends-higher-after-cautious-session\/","title":{"rendered":"Swiss Market Ends Higher After Cautious Session"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended higher on Wednesday after a cautious session in which stock prices moved in a very tight range as investors looked ahead to key U.S. inflation data for clues about future rate hikes.<\/p>\n<p>The benchmark SMI, which moved between 11,081.54 and 11,146.22, ended the day&#8217;s session with a gain of 24.22 points or 0.22% at 11,081.54.<\/p>\n<p>UBS Group gained about 1%. Novartis, ABB, Swiss Life Holding, Zurich Insurance Group, Alon and Swisscom ended higher by 0.5 to 0.8%.<\/p>\n<p>Partners Group declined 1.06% and Sika ended lower by 0.75%. Lonza Group, Givaudan and Roche Holding also closed weak.<\/p>\n<p>In the Mid Price index, Helvetia and Meyer Burger Tech both gained nearly 2%. Dufry climbed 1.6%.<\/p>\n<p>Tecan Group, PSP Swiss Property, Georg Fischer, Adecco, Flughafen Zurich, Clariant and Swiss Prime Site gained 0.6 to 1.2%.<\/p>\n<p>Bachem Holding tumbled 5%. AMS and DocMorris ended lower by 1.61% and 1.57%, 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 Higher After Cautious Session<\/a><br \/>\n<br \/>2023-08-09 17:49:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended higher on Wednesday after a cautious session in which stock prices moved in a very tight range as investors looked ahead to key U.S. inflation data&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-37305","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\/37305","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=37305"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37306"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}