{"id":44790,"date":"2024-03-13T17:52:21","date_gmt":"2024-03-13T17:52:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/13\/swiss-market-ends-modestly-higher-53\/"},"modified":"2024-03-13T17:52:21","modified_gmt":"2024-03-13T17:52:21","slug":"swiss-market-ends-modestly-higher-53","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/13\/swiss-market-ends-modestly-higher-53\/","title":{"rendered":"Swiss Market Ends Modestly Higher"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market shrugged off an early weak spell and moved higher on Wednesday with select stocks finding good support as the session progressed. <\/p>\n<p>The benchmark SMI ended with a gain of 28.41 points or 0.24% at 11,790.46 after scaling a low of 11,735.91 and a high of 11,799.91 intraday.<\/p>\n<p>Lonza Group rallied 2.77%. ABB, Nestle, Swiss Re, Logitech International and Swiss Life Holding gained 1 to 1.3%. <\/p>\n<p>Richemont and Holcim both ended nearly 1% up. Partners Group, Sonova, UBS Group, Sika and Zurich Insurance Group posted modest gains.<\/p>\n<p>Geberit ended down 2.1%. Roche Holding and Kuehne &amp; Nagel drifted down 1.53% and 1.37%, respectively. Novartis and Alcon ended modestly lower.<\/p>\n<p>In the Mid Price Index, Sandoz climbed 3.17% after the company reported a 10% increase in net sales to US$ 2.5 billion in the fourth quarter of 2023.<\/p>\n<p>ams OSRAM AG and SIG Group gained 2.74% and 2.35%, respectively. Lindt &amp; Spruengli, Ems Chemie Holding, Temenos Group, Swiss Prime Site and Straumann Holding climbed 1 to 1.7%.<\/p>\n<p>Meyer Burger Tech dropped 5.5%. BKW ended down 2.1%, while Tecan Group closed lower by 1.55%. <\/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 Modestly Higher<\/a><br \/>\n<br \/>2024-03-13 17:52:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market shrugged off an early weak spell and moved higher on Wednesday with select stocks finding good support as the session progressed. The benchmark SMI ended with a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-44790","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44790","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=44790"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44791"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}