{"id":51185,"date":"2024-10-02T17:36:10","date_gmt":"2024-10-02T17:36:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/10\/02\/swiss-market-ends-modestly-higher-after-choppy-ride-2\/"},"modified":"2024-10-02T17:36:10","modified_gmt":"2024-10-02T17:36:10","slug":"swiss-market-ends-modestly-higher-after-choppy-ride-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/10\/02\/swiss-market-ends-modestly-higher-after-choppy-ride-2\/","title":{"rendered":"Swiss Market Ends Modestly Higher After Choppy Ride"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended modestly higher on Wednesday despite struggling for direction after a fall from earlier high levels. Concerns about tensions in the Middle East, and a lack of positive triggers rendered the mood cautious. Investors looked ahead to the inflation data, due on Thursday, for directional clues.<\/p>\n<p>The benchmark SMI, which advanced to 12,159.78 in early trades after a marginally positive start, dropped to 12,055.56 around late afternoon, but recovered to settle at 12,122.09, gaining 35.43 points or 0.29%.<\/p>\n<p>Julius Baer, Richemont and Swatch Group gained 2 to 2.1%. Sonova climbed 1.83%, while UBS Group and SIG Group ended up 1.39% and 1.18%, respectively.<\/p>\n<p>ABB gained about 0.75% after the company signed a memorandum of understanding with artificial intelligence provider Carbon Re to collaborate on reducing carbon emissions in the cement industry.<\/p>\n<p>Logitech International, SGS, VAT Group, ABB, Lindt &amp; Spruengli, Novartis and Straumann Holding gained 0.4 to 1%.<\/p>\n<p>Sandoz Group dropped about 3.2%. Givaudan, Swiss Re, Swisscom, Lonza Group, Swiss Life Holding, Adecco, Kuehne + Nagel and Holcim lost 0.5 to 0.9%. <\/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 Modestly Higher After Choppy Ride<\/a><br \/>\n<br \/>2024-10-02 17:36:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended modestly higher on Wednesday despite struggling for direction after a fall from earlier high levels. Concerns about tensions in the Middle East, and a lack of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":51186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-51185","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/51185","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=51185"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/51185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/51186"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=51185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=51185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=51185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}