{"id":43077,"date":"2024-01-25T17:43:14","date_gmt":"2024-01-25T17:43:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/01\/25\/swiss-market-ends-marginally-up-15\/"},"modified":"2024-01-25T17:43:14","modified_gmt":"2024-01-25T17:43:14","slug":"swiss-market-ends-marginally-up-15","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/01\/25\/swiss-market-ends-marginally-up-15\/","title":{"rendered":"Swiss Market Ends Marginally Up"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended slightly up on Thursday after spending much of the day&#8217;s session in negative territory. Investors tracked the European Central Bank&#8217;s monetary policy announcement to assess the likely timing of interest rate cuts.<\/p>\n<p>The benchmark SMI ended the day&#8217;s session with a small gain of 12.20 points or 0.11% at 11,209.02, the day&#8217;s high. The index touched a low of 11,138.04 around mid afternoon.<\/p>\n<p>Givaudan, up 8.32%, was the biggest gainer in the SMI index. The stock gained on announcement the company has proposed a dividend of 68 francs per share for 2023, a rise of 1.5%. The group posted an attributable income of 893 million francs for 2023, up from 856 million francs a year ago. <\/p>\n<p>Kuehne &amp; Nagel and Partners Group gained 1.52% and 1.2%, respectively.<\/p>\n<p>Sika, Nestle, ABB and Sonova advanced 0.8 to 1%. Geberit, UBS Group and Holcim posted modest gains.<\/p>\n<p>Lonza Group ended nearly 3% down. Roche Holding and Logitech International drifted down 1.28% and 1.22%, respectively. Novartis settled lower by about 0.8%.<\/p>\n<p>Among the stocks in the Mid Price Index, Avolta climbed 2.7%, while Schindler Holding, Flughafen Zurich and Schindler Ps gained 1.7%, 1.55% and 1.49%, respectively.<\/p>\n<p>Meyer Burger Tech tanked 11.6%. Sandoz ended down 2.3%, while Swatch Group and Straumann Holding both shed about 1.05%. <\/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 Up<\/a><br \/>\n<br \/>2024-01-25 17:43:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended slightly up on Thursday after spending much of the day&#8217;s session in negative territory. Investors tracked the European Central Bank&#8217;s monetary policy announcement to assess the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":43078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-43077","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\/43077","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=43077"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/43078"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=43077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=43077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=43077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}