{"id":53964,"date":"2024-12-13T18:05:25","date_gmt":"2024-12-13T18:05:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/13\/swiss-market-ends-marginally-down-after-lackluster-session\/"},"modified":"2024-12-13T18:05:25","modified_gmt":"2024-12-13T18:05:25","slug":"swiss-market-ends-marginally-down-after-lackluster-session","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/13\/swiss-market-ends-marginally-down-after-lackluster-session\/","title":{"rendered":"Swiss Market Ends Marginally Down After Lackluster Session"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific moves, reacting to corporate news.<\/p>\n<p>Disappointing economic data from the UK and Germany, and tariff hike threats by Donald Trump rendered the mood cautious in European <span class=\"landLinks\">markets<\/span>.<\/p>\n<p>The benchmark SMI ended down 21.42 points or 0.18% at 11,694.43, after moving between 11,669.29 and 11,736.28.<\/p>\n<p>Lonza Group shares closed down 2.81%. Alcon, Geberit and VAT Group ended lower by 1.6 to 1.75%. Partners Group drifted down 1.56% and Sika closed 1.04% down.<\/p>\n<p>Roche Holding, SIG Group, Sandoz Group, Givaudan, UBS Group, Adecco and ABB also closed weak.<\/p>\n<p>Swiss Re climbed 4.5% after the reinsurer said it is targeting net income of $4.4 billion for 2025.<\/p>\n<p>Swiss Life Holding and Zurich Insurance, both advanced nearly 1%. Kuehne + Nagel, Straumann Holding, Sonova and Richemont gained 0.5 to 0.8%. <\/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 After Lackluster Session<\/a><br \/>\n<br \/>2024-12-13 18:05:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53964","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=53964"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53965"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}