{"id":49413,"date":"2024-07-17T17:24:55","date_gmt":"2024-07-17T17:24:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/17\/swiss-market-ends-on-firm-note-68\/"},"modified":"2024-07-17T17:24:55","modified_gmt":"2024-07-17T17:24:55","slug":"swiss-market-ends-on-firm-note-68","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/17\/swiss-market-ends-on-firm-note-68\/","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 stayed positive on Wednesday save for a few minutes at the start and a very brief while around mid morning, as the undertone remained firm amid optimism about interest rate cuts by several central banks, including the Federal Reserve.<\/p>\n<p>The benchmark SMI ended up by 73 points or 0.6% at 12,333.93, after scaling a low of 12,208.58 and a high of 12,357.61 intraday.<\/p>\n<p>Roche Holding climbed about 5.8%. The company announced that a new weight-loss pill under development achieved positive results in an early stage clinical trial.<\/p>\n<p>Swatch Group gained nearly 2.5%, and Nestle ended 1.1% up.<\/p>\n<p>SIG Group and Straumann Holding ended higher by 0.82% and 0.61%, respectively. Swisscom ended modestly higher.<\/p>\n<p>VAT Group ended down 5.27%. Logitech International ended lower by 2.39%. Givaudan, Partners Group, Richemont, Julius Baer, Sonova, UBS Group, Kuehne + Nagel and ABB lost 1 to 1.8%. Lonza Group, SGS, Holcim and Swiss Re also closed weak. <\/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 \/>2024-07-17 17:24:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market stayed positive on Wednesday save for a few minutes at the start and a very brief while around mid morning, as the undertone remained firm amid optimism&#8230;<\/p>\n","protected":false},"author":2,"featured_media":49414,"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-49413","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49413","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=49413"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49414"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}