{"id":39601,"date":"2023-10-16T17:35:06","date_gmt":"2023-10-16T17:35:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/10\/16\/swiss-market-ends-marginally-down-11\/"},"modified":"2023-10-16T17:35:06","modified_gmt":"2023-10-16T17:35:06","slug":"swiss-market-ends-marginally-down-11","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/10\/16\/swiss-market-ends-marginally-down-11\/","title":{"rendered":"Swiss Market Ends Marginally Down"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Save for a few minutes at the start and a brief while a few minutes before the closing bell, the Switzerland market remained in negative territory on Monday.<\/p>\n<p>Worries about higher borrowing costs, likelihood of further hike in rates, and concerns about global economic slowdown weighed on the market.<\/p>\n<p>The benchmark SMI ended with a loss of 11.27 points or 0.1% at 10,889.03.<\/p>\n<p>Roche Holding declined 1.1%. ABB and Swiss Re ended lower by 0.76% and 0.71%, respectively. Swisscom, Novartis, Nestle and Sika posted modest losses.<\/p>\n<p>Lonza Group and UBS Group both gained nearly 2%. Alcon climbed about 1.2% and Partners Group ended nearly 1% up. Geberit, Sonova and Givaudan posted modest gains.<\/p>\n<p>In the Mid Price Index, Meyer Burger Tech tumbled 2.8%. VAT Group, Schindler Ps, Schindler Holding, Helvetia and AMA also ended notably lower.<\/p>\n<p>Sandoz surged 5.63%. Dufry gained nearly 2%. Straumann Holding and Belimo Holding climbed 1.63% and 1.49%, respectively. Georg Fischer, Lindt &amp; Spruengli, BKW, Flughafen Zurich and Temenos Group also ended higher. <\/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 Marginally Down<\/a><br \/>\n<br \/>2023-10-16 17:35:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Save for a few minutes at the start and a brief while a few minutes before the closing bell, the Switzerland market remained in negative territory on Monday. Worries about&#8230;<\/p>\n","protected":false},"author":2,"featured_media":39602,"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-39601","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/39601","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=39601"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/39601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/39602"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=39601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=39601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=39601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}