{"id":55686,"date":"2025-01-31T19:02:41","date_gmt":"2025-01-31T19:02:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/01\/31\/swiss-markets-ends-slightly-weak\/"},"modified":"2025-01-31T19:02:41","modified_gmt":"2025-01-31T19:02:41","slug":"swiss-markets-ends-slightly-weak","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/01\/31\/swiss-markets-ends-slightly-weak\/","title":{"rendered":"Swiss Markets Ends Slightly Weak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Swiss market edged down marginally on Friday with stocks paring gains in late afternoon trade as investors chose to take some profits following a long winning streak. Data showing a stronger than expected jump in the nation&#8217;s retail sales aided sentiment.<\/p>\n<p>The benchmark SMI, which rose to 12,708.45 after an hour past noon, gave up gains as the day progressed and eventually settled at 12,597.09, recording a marginal loss of 7.45 points or 0.06%.<\/p>\n<p>Straumann Holding, Nestle, Lonza Group and Adecco lost 1.2 to 1.75%. Schindler Ps, Kuehne + Nagel, Lindt &amp; Spruengli, Zurich Insurance Group, Swiss Re, Givaudan and SGS ended moderately lower.<\/p>\n<p>Swatch Group climbed 1.53%. Logitech International gained 1.35% and Partners Group closed 1.2% up. Sandoz Group gained 0.67%.<\/p>\n<p>Data from the Federal Statistical Office showed Swiss retail sales growth quickened in December to the highest level in four months amid faster rises in demand for food and non-food products.<\/p>\n<p>Retail sales rose 2.6% on a yearly basis in December after a 1.4% increase in November. Further, this was the sixth successive growth in a row. Meanwhile, economists had expected only a 0.6% rise.<\/p>\n<p>Month-on-month, retail sales grew 0.6% in December after remaining flat in the previous month. <\/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 Markets Ends Slightly Weak<\/a><br \/>\n<br \/>2025-01-31 19:02:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss market edged down marginally on Friday with stocks paring gains in late afternoon trade as investors chose to take some profits following a long winning streak. Data showing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":55687,"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-55686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55686","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=55686"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55687"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}