{"id":58940,"date":"2025-04-24T17:32:58","date_gmt":"2025-04-24T17:32:58","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/24\/swiss-market-ends-on-firm-note-89\/"},"modified":"2025-04-24T17:32:58","modified_gmt":"2025-04-24T17:32:58","slug":"swiss-market-ends-on-firm-note-89","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/24\/swiss-market-ends-on-firm-note-89\/","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 a flat start and a subsequent drop, Swiss stocks recovered and kept moving higher on Thursday to eventually end the day&#8217;s session on a firm note.<\/p>\n<p>Concerns about U.S. government&#8217;s trade policy and the likely impact of trade war on global economic growth weighed on sentiment early on in the session.<\/p>\n<p>The benchmark SMI, which drifted down to 11,751.82 around mid morning, rallied to 11,940.37 before settling at 11,917.59 with a gain of 108.88 points or 0.92%.<\/p>\n<p>Sonova climbed 2.85% and VAT Group gained 2.57%. Sika advanced 2.3%, while Kuehne + Nagel and Logitech International, both gained about 2.1%.<\/p>\n<p>SGS gained more than 1.5% after the company said its first-quarter sales grew 6.6% to 1.68 billion Swiss francs from last year&#8217;s 1.58 billion francs. Organic sales growth was 5.6%, supported by all regions. Further, the company confirmed fiscal 2025 outlook, despite tariffs and <span class=\"landLinks\">forex<\/span>.<\/p>\n<p>Holcim, Givaudan, Sandoz Group, Roche Holding, Geberit, Partners Group, Straumann Holding, Novartis, UBS Group and Richemont climbed 1 to 1.8%.<\/p>\n<p>Nestle ended flat. The company reported that first-quarter sales increased by 2.3% to 22.6 billion Swiss francs. Organic growth was 2.8%, for the quarter. By category, confectionery and coffee were the largest organic growth contributors. The Group said this growth was pricing-led, with double-digit increases in some <span class=\"landLinks\">markets<\/span>.<\/p>\n<p>Adecco closed down 1.36%, while Alcon and Swiss Re ended lower by about 0.4% and 0.25%, respectively. <\/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 \/>2025-04-24 17:32:58<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a flat start and a subsequent drop, Swiss stocks recovered and kept moving higher on Thursday to eventually end the day&#8217;s session on a firm note. Concerns about U.S&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":58941,"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-58940","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58940","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=58940"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58941"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}