{"id":49362,"date":"2024-07-16T17:45:15","date_gmt":"2024-07-16T17:45:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/16\/swiss-market-ends-marginally-down-16\/"},"modified":"2024-07-16T17:45:15","modified_gmt":"2024-07-16T17:45:15","slug":"swiss-market-ends-marginally-down-16","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/16\/swiss-market-ends-marginally-down-16\/","title":{"rendered":"Swiss Market Ends Marginally Down"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day&#8217;s session, as investors refrained from making significant moves amid a lack of triggers.<\/p>\n<p>The benchmark SMI ended down 18.93 points or 0.15% at 12,260.93 after moving between 12,197.46 and 12,271.34.<\/p>\n<p>Straumann Holding and Swiss Re ended down 1.46% and 1.35%, respectively. Partners Group, Sonova and Zurich Insurance Group ended lower by 1.13%, 1.02% and 0.94%, respectively.<\/p>\n<p>Logitech International, Nestle, Swiss Life Holding and Alcon also ended weak.<\/p>\n<p>Shares of market expansion services company DKSH rallied about 8% after the firm reported an increase in first-half profit to 111.2 million francs from 103.4 million francs in the year-ago quarter. The company&#8217;s net sales were 5.44 billion francs in the first-half, compared with 5.62 billion francs a year before.<\/p>\n<p>Richemont advanced nearly 1%. The company said fiscal first-quarter total sales fell to 5.27 billion euros from 5.32 billion euros, due to weaker sales in the Asia-Pacific region, particularly in China. The luxury goods company&#8217;s Jewellery Maisons division delivered a 4% sales growth at constant exchange rates to 3.66 billion euros.<\/p>\n<p>VAT Group climbed 1.66%, Geberit gained nearly 1.5% and Kuehne + Nagel ended 1.17% up, while Sika gained 0.65%. <\/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 Marginally Down<\/a><br \/>\n<br \/>2024-07-16 17:45:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day&#8217;s session, as investors refrained from making significant moves amid a lack of triggers&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":49363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-49362","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49362","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=49362"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49363"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}