{"id":43474,"date":"2024-02-05T18:10:16","date_gmt":"2024-02-05T18:10:16","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/02\/05\/swiss-market-ends-on-positive-note-10\/"},"modified":"2024-02-05T18:10:16","modified_gmt":"2024-02-05T18:10:16","slug":"swiss-market-ends-on-positive-note-10","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/02\/05\/swiss-market-ends-on-positive-note-10\/","title":{"rendered":"Swiss Market Ends On Positive Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite a couple of setbacks, once around mid morning, and another just before the final hour of the day&#8217;s session, the Switzerland market ended modestly higher on Monday.<\/p>\n<p>Fading optimism about early interest rate cut by the Federal Reserve weighed on sentiment, but the market still managed to sign off on a positive note thanks to some strong buying at a few frontline counters.<\/p>\n<p>The benchmark SMI ended with a gain of 34.79 points or 0.31% at 11,274.47, after moving between 11,227.45 and 11,295.09.<\/p>\n<p>Lonza Group climbed nearly 3.25%. Alcon, Swiss Re and Nestle gained 1.5 to 1.61%, while Kuehne &amp; Nagel advanced 1.36%.<\/p>\n<p>Zurich Insurance Group, Logitech International, Novartis, Givaudan and Sonova gained 0.4 to 0.8%.<\/p>\n<p>Roche Holding ended down 1.5%. ABB drifted down by about 1.25%, while Swisscom and UBS Group closed lower by about 0.8% and 0.6%, respectively.<\/p>\n<p>Among the stocks in the Mid Price Index, Galenica Sante, Sandos, Flughafen Zurich, Barry Callebaut, Straumann Holding, VAT Group, Avolta and Clariant gained 1 to 1.5%, while Lindt &amp; Spruengli ended nearly 1% up.<\/p>\n<p>BKW and Belimo Holding ended lower by 1.66% and 1.63%, respectively. Schindler Holding drifted down 1.16%. Schindler Ps, Georg Fischer, Adecco, Meyer Burger Tech and Swatch Group lost 0.6 to 1%. <\/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 On Positive Note<\/a><br \/>\n<br \/>2024-02-05 18:10:16<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite a couple of setbacks, once around mid morning, and another just before the final hour of the day&#8217;s session, the Switzerland market ended modestly higher on Monday. Fading optimism&#8230;<\/p>\n","protected":false},"author":2,"featured_media":43475,"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-43474","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43474","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=43474"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/43475"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=43474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=43474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=43474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}