{"id":44743,"date":"2024-03-12T17:50:06","date_gmt":"2024-03-12T17:50:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/12\/swiss-market-ends-on-firm-note-61\/"},"modified":"2024-03-12T17:50:06","modified_gmt":"2024-03-12T17:50:06","slug":"swiss-market-ends-on-firm-note-61","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/12\/swiss-market-ends-on-firm-note-61\/","title":{"rendered":"Swiss Market Ends On Firm Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended on a firm note on Tuesday, in line with <span class=\"landLinks\">markets<\/span> across Europe, after data showing a slowdown in the annual rate of core consumer price growth in the U.S. raised optimism about the Federal Reserve cutting interest rates in the foreseeable future.<\/p>\n<p>The benchmark SMI, which opened on a firm note but pared gains around mid morning and stayed subdued around mid afternoon, recovered well to close with a moderate gain of 76.86 points or 0.66% at 11,762.05.<\/p>\n<p>Partners Group climbed about 2.7%. Logitech International, UBS Group, Holcim and Geberit gained 2 to 2.25%.<\/p>\n<p>Sika, Sonova, ABB, Roche Holding, Swiss Life Holding and Kuehne &amp; Nagel ended higher by 1 to 1.7%. Givaudan and Richemont both ended nearly 1% up.<\/p>\n<p>Novartis ended down 1.36%, and Swisscom drifted down 0.51%.<\/p>\n<p>Among the stocks in the Mid Price Index, BKW soared nearly 10%. Ems Chemie Holding, Belimo Holding and Flughafen Zurich gained 2.6 to 2.75%.<\/p>\n<p>VAT Group rallied about 2%. Helvetia, ams OSRAM Ag, Barry Callebaut, Adecco, Schindler Ps, Tecan Group, Georg Fischer, Schindler Holding and Julius Baer advanced 1 to 2%.<\/p>\n<p>Meyer Burger Tech and Galenica Sante ended lower by 3% and 2.74%, respectively. Lindt &amp; Spruengli settled lower by 1.35%. <\/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 On Firm Note<\/a><br \/>\n<br \/>2024-03-12 17:50:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended on a firm note on Tuesday, in line with markets across Europe, after data showing a slowdown in the annual rate of core consumer price growth&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44744,"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-44743","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44743","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=44743"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44744"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}