{"id":56379,"date":"2025-02-18T18:46:37","date_gmt":"2025-02-18T18:46:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/18\/swiss-market-ends-marginally-up-21\/"},"modified":"2025-02-18T18:46:37","modified_gmt":"2025-02-18T18:46:37","slug":"swiss-market-ends-marginally-up-21","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/18\/swiss-market-ends-marginally-up-21\/","title":{"rendered":"Swiss Market Ends Marginally Up"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After a flat start and a subsequent weak spell that lasted till about a couple of hours past noon on Tuesday, Swiss stocks found some support and finally ended the day&#8217;s session on a slightly positive note.<\/p>\n<p>The benchmark SMI ended with a gain of 18.90 points or 0.15% at 12,893.98, after moving between 12,825.29 and 12,909.97.<\/p>\n<p>ABB climbed 2.01%. Schindler Ps, UBS Group, Swiss Re and Adecco closed higher by 1.1 to 1.4%.<\/p>\n<p>Julius Baer, Swisscom, SIG Group, Holcim, Novartis, Kuehne + Nagel, Zurich Insurance Group and VAT Group gained 0.3 to 0.85%.<\/p>\n<p>Basilea Pharmaceutica jumped more than 8% on strong earnings. The company said its full-year 2024 net profit surged to 77.6 million francs from 10.5 million francs a year before. Total revenue also soared 32% over the period to 208.5 million francs, boosted by strong in-market sales of its antifungal drug Cresemba.<\/p>\n<p>Lonza Group ended down 2.73%. Sandoz Group closed 1.61% down, while Richemont and Givaudan ended lower by 1.34% and 1.19%, respectively. Lindt &amp; Spruengli settled lower by about 0.8%.<\/p>\n<p>Provisional data from the Federal Statistical Office showed Switzerland&#8217;s industrial production expanded further in the final quarter of 2024, though at a slower pace compared to previous quarters.<\/p>\n<p>Industrial production climbed 2.2% year-over-year in the fourth quarter, following a 3.1% growth in the third quarter. <\/p>\n<p>The output produced in the manufacturing sector was 2% higher compared to last year versus a 1.7% rise in the previous quarter.<\/p>\n<p>During December, industrial production grew 4.1% annually versus a 0.9% increase in November. <\/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 Up<\/a><br \/>\n<br \/>2025-02-18 18:46:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a flat start and a subsequent weak spell that lasted till about a couple of hours past noon on Tuesday, Swiss stocks found some support and finally ended the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56380,"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-56379","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56379","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=56379"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56380"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}