{"id":46974,"date":"2024-05-13T17:04:51","date_gmt":"2024-05-13T17:04:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/05\/13\/swiss-market-ends-marginally-up-after-lackluster-session\/"},"modified":"2024-05-13T17:04:51","modified_gmt":"2024-05-13T17:04:51","slug":"swiss-market-ends-marginally-up-after-lackluster-session","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/05\/13\/swiss-market-ends-marginally-up-after-lackluster-session\/","title":{"rendered":"Swiss Market Ends Marginally Up After Lackluster Session"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Swiss stocks ended slightly up on Monday after a lackluster session as investors refrained from making significant moves amid a lack of triggers.<\/p>\n<p>Investors digested data showing a slight drop in Swiss consumer confidence in the month of April.<\/p>\n<p>The benchmark SMI, which moved between 11,729.47 and 11,772.82, ended with a small gain of 14.38 points or 0.12% at 11,768.08.<\/p>\n<p>Logitech International, ABB, Givaudan, Roche Holdings, Lindt Spruengli, Alcon and Swisscom gained 1 to 1.5%.<\/p>\n<p>Straumann Holding advanced nearly 1%. Novartis climbed 0.82% and UBS Group ended higher by 0.63%.<\/p>\n<p>Holcim ended more than 4% down. Lonza Group, VAT Group and Swatch Group ended lower by 1.8 to 1.9%. Partners Group dropped 1.59%, while Swiss Re, SGS, Sonova, Julius Baer, Sandoz Group and SIG Group lost 0.7 to 1.2%.<\/p>\n<p>Survey results from the State Secretariat for Economic Affairs, or SECO, showed Swiss consumer confidence was almost unchanged in April.<\/p>\n<p>The consumer confidence index stood at -38.1 in April versus March&#8217;s 8-month high of -38.0. Further, the consumer sentiment index remained below the long-term average.<\/p>\n<p>Among the main four sub-components, consumers&#8217; expectations of how the general economic situation would develop over the next twelve months improved in April, with the corresponding index rising to -21.2 from -24.3.<\/p>\n<p>Similarly, the index measuring intentions for major purchases rose to -37.2 from -40.0.<\/p>\n<p>Meanwhile, households were more pessimistic about their own financial situation, which weakened to -36.2 from -33.0. The past financial situation of the general <span class=\"landLinks\">economy<\/span> also worsened from -53.4 to -57.6. <\/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 Marginally Up After Lackluster Session<\/a><br \/>\n<br \/>2024-05-13 17:04:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss stocks ended slightly up on Monday after a lackluster session as investors refrained from making significant moves amid a lack of triggers. Investors digested data showing a slight drop&#8230;<\/p>\n","protected":false},"author":2,"featured_media":46975,"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-46974","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46974","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=46974"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/46975"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=46974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=46974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=46974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}