{"id":55970,"date":"2025-02-07T18:59:44","date_gmt":"2025-02-07T18:59:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/07\/swiss-market-ends-on-weak-note-after-choppy-session-2\/"},"modified":"2025-02-07T18:59:44","modified_gmt":"2025-02-07T18:59:44","slug":"swiss-market-ends-on-weak-note-after-choppy-session-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/07\/swiss-market-ends-on-weak-note-after-choppy-session-2\/","title":{"rendered":"Swiss Market Ends On Weak Note After Choppy Session"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market closed weak on Friday after a choppy session, as investors stayed a bit reluctant to make significant moves after recent upswing.<\/p>\n<p>Despite spending much of the day&#8217;s session in positive territory, the market closed modestly lower due to a few frontline stocks turning weak in the final minutes.<\/p>\n<p>The benchmark SMI ended down 30.86 points or 0.24% at 12,593.34, the day&#8217;s low.<\/p>\n<p>SIG Group ended nearly 3% down. Julius Baer and Partners Group lost 2.56% and 2.26%, respectively. Geberit, Alcon, Lonza Group, Givaudan, VAT Group, Kuehne + Nagel, Adecco and Richemont lost 1 to 1.7%.<\/p>\n<p>Ems-Chemie Holdings closed 2.5% down after the group reported a 5.4% year-over-year drop in 2024 net sales to 2.07 billion francs from 2.19 billion francs, impacted by weaker foreign currencies.<\/p>\n<p>Swisscom gained about 2.35%. Holcim ended 1.21% up. UBS Group, SGS, Roche Holding and Swiss Re posted modest gains.<\/p>\n<p>According to a report released by the State Secretariat for Economic Affairs, Switzerland&#8217;s consumer confidence rose to -29 in January 2025, up from -41 in the same month a year.<\/p>\n<p>Data from Swiss National Bank said  the country&#8217;s foreign currency reserves climbed to CHF 736.39 billion in January from CHF 730.87 billion in December 2024. <\/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 Weak Note After Choppy Session<\/a><br \/>\n<br \/>2025-02-07 18:59:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market closed weak on Friday after a choppy session, as investors stayed a bit reluctant to make significant moves after recent upswing. Despite spending much of the day&#8217;s&#8230;<\/p>\n","protected":false},"author":2,"featured_media":55971,"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-55970","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55970","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=55970"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55971"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}