{"id":52826,"date":"2024-11-14T18:43:00","date_gmt":"2024-11-14T18:43:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/11\/14\/swiss-market-ends-on-firm-note-76\/"},"modified":"2024-11-14T18:43:00","modified_gmt":"2024-11-14T18:43:00","slug":"swiss-market-ends-on-firm-note-76","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/11\/14\/swiss-market-ends-on-firm-note-76\/","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> After languishing in negative territory till noon, Swiss stocks moved higher on Thursday and ended the session on a firm note, in line with <span class=\"landLinks\">markets<\/span> across Europe. <\/p>\n<p>The benchmark SMI, which dropped to 11,652.40 in early trades, closed up 79.84 points or 0.68% at 11,783.65. The index touched a high of 11,801.07.<\/p>\n<p>Straumann Holding climbed about 3.3%. Logitech International and Kuehne + Nagel gained 2.97% and 2.63%, respectively. Swatch Group, Richemont and Partners Group ended higher by 2.3 to 2.5%.<\/p>\n<p>SIG Group and VAT Group ended up 1.84% and 1.8%, respectively. Geberit, Nestle, Zurich Insurance Group and ABB advanced 1 to 1.35%. Julius Baer, Novartis, Adecco, UBS Group, Swisscom and Schindler Ps also closed on a firm note.<\/p>\n<p>Swiss Re gained about 0.5%. The insurer recorded a year-over-year drop in third-quarter group net income to $102 million from $1.02 billion, with revenue also declining over the period. The group expects net income for full-year 2024 to exceed $3 billion, assuming normal loss activity for the remainder of the year. <\/p>\n<p>Shares of pharmaceutical company Curatis climbed nearly 10% after the company announced its intention to apply for a biologic license for its C-PTBE-01 drug (for treating diffuse midline glioma, an aggressive brain tumor) in the US. Its regulatory pathway review concluded that the treatment qualifies for the application.  <\/p>\n<p>Sandoz Group closed down 1.4%. Alcon ended lower by 1.01% and Holcim closed with a loss of 0.76%. Roche Holding, Swiss Life Holding and Lindt Ps also ended weak. <\/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 On Firm Note<\/a><br \/>\n<br \/>2024-11-14 18:43:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After languishing in negative territory till noon, Swiss stocks moved higher on Thursday and ended the session on a firm note, in line with markets across Europe. The benchmark SMI,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":52827,"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-52826","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/52826","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=52826"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/52826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/52827"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=52826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=52826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=52826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}