{"id":46481,"date":"2024-04-29T17:11:40","date_gmt":"2024-04-29T17:11:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/29\/swiss-market-ends-slightly-lower-3\/"},"modified":"2024-04-29T17:11:40","modified_gmt":"2024-04-29T17:11:40","slug":"swiss-market-ends-slightly-lower-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/29\/swiss-market-ends-slightly-lower-3\/","title":{"rendered":"Swiss Market Ends Slightly Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite spending much of the day&#8217;s trading session in positive territory, the Switzerland market ended marginally down on Monday as stocks drifted lower on selling pressure in late afternoon trades. <\/p>\n<p>The mood was cautious with investors awaiting Swiss inflation data for April, retails report and data on manufacturing activity due this week.<\/p>\n<p>The benchmark SMI, which moved in a tight range, ended with a loss of 11.96 points or 0.11% at 11,332.36. The index touched a high of 11,392.82 and a low of 11,332.36 in the session.<\/p>\n<p>Sandoz Group gained 2.2%. Zurich Insurance gained 1%. The insurer reported an annual decline in its group Swiss solvency test ratio due to its 2023 dividend, a proposed share repurchase, debt redemption and certain acquisition deals. <\/p>\n<p>Julius Baer, Swatch Group, Swiss Life Holding, ABB, Swiss Re and Kuehne &amp; Nagel climbed 0.7 to 1%.<\/p>\n<p>Geberit, SIG Group, Sonova, Straumann Holding, Partners Group and Swisscom posted modest gains.<\/p>\n<p>Roche Holding gained after a European Medicines Agency committee recommended the approval of its multiple sclerosis drug Ocrevus&#8217; subcutaneous formulation. If authorized, Ocrevus is set to be the first and only twice-a-year injection for the autoimmune condition. <\/p>\n<p>Lindt &amp; Spruengli, VAT Group, SGS and Lonza Group lost 1 to 1.6%. Novartis, Nestle and Givaudan ended down 0.5 to 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 Slightly Lower<\/a><br \/>\n<br \/>2024-04-29 17:11:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite spending much of the day&#8217;s trading session in positive territory, the Switzerland market ended marginally down on Monday as stocks drifted lower on selling pressure in late afternoon trades&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":46482,"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-46481","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46481","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=46481"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/46482"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=46481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=46481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=46481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}