{"id":42872,"date":"2024-01-17T18:01:49","date_gmt":"2024-01-17T18:01:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/01\/17\/swiss-market-ends-moderately-lower-18\/"},"modified":"2024-01-17T18:01:49","modified_gmt":"2024-01-17T18:01:49","slug":"swiss-market-ends-moderately-lower-18","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/01\/17\/swiss-market-ends-moderately-lower-18\/","title":{"rendered":"Swiss Market Ends Moderately Lower"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended on a weak note on Wednesday, in line with <span class=\"landLinks\">markets<\/span> across Europe, amid rising bets the central banks may not cut interest rates for now after data showed an acceleration in inflation in several major countries across Europe.<\/p>\n<p>The benchmark SMI ended with a loss of 81.09 points or 0.72% at 11,148.56, the day&#8217;s high.<\/p>\n<p>Geberit ended nearly 5% down. Lonza Group, Swiss Life Holding and Richemont lost 2.4 to 3%.<\/p>\n<p>Sika, Zurich Insurance Group, Alcon, Givaudan and Roche Holding also ended notably lower.<\/p>\n<p>Novartis gained nearly 1%. Sonova and Kuehne &amp; Nagel ended higher by 0.65% and 0.24%, respectively.<\/p>\n<p>In the Mid Price Index, Meyer Burger Tech plunged nearly 32%  after the solar panel equipment maker said it is preparing to close its solar panel module production site in Germany.<\/p>\n<p>ams OSRAM AG lost about 5.5%, and Adecco ended 4.8% down. Julius Baer and Flughafen Zurich ended lower by 3.1% and 2.7%, respectively. Clariant, Tecan Group, Ems Chemie Holding, Temeons Group and Georg Fischer lost 1.4 to 2%.<\/p>\n<p>Straumann Holding and Baloise Holding advanced 1.2% and 1.1%, respectively. Sandoz climbed about 0.7%. <\/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 Moderately Lower<\/a><br \/>\n<br \/>2024-01-17 18:01:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended on a weak note on Wednesday, in line with markets across Europe, amid rising bets the central banks may not cut interest rates for now after&#8230;<\/p>\n","protected":false},"author":2,"featured_media":42873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-42872","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\/42872","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=42872"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/42872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/42873"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=42872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=42872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=42872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}