{"id":59171,"date":"2025-04-30T17:39:35","date_gmt":"2025-04-30T17:39:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/30\/swiss-market-ends-on-positive-note-11\/"},"modified":"2025-04-30T17:39:35","modified_gmt":"2025-04-30T17:39:35","slug":"swiss-market-ends-on-positive-note-11","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/30\/swiss-market-ends-on-positive-note-11\/","title":{"rendered":"Swiss Market Ends On Positive Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.<\/p>\n<p>The benchmark SMI ended with a gain of 50.29 point or 0.42% at 12,116.98. The index, which climbed to 12,158.24 around mid afternoon, dropped to a low of 12,018.00 before rising again.<\/p>\n<p>Schindler Ps soared more than 9% on stronger-than-expected first-quarter results. Orders rose 6% in local currencies to CHF2.95 billion, beating expectations for a 5% surge. Revenue rose 2.5% in local currencies to CHF2.73 billion, coming in 1% ahead of expectations. <\/p>\n<p>SIG Group gained about 2.2%, while Givaudan, ABB, SGS, Geberit, Sonova, Swiss Re, Lindt &amp; Spruengli, Zurich Insurance, Julius Baer, Swiss Life Holding, Nestle and Kuehne + Nagel climbed 1 to 1.7%.<\/p>\n<p>Logitech International ended down 3.72%. The computer parts maker outlined plans to mitigate the impact of U.S. tariffs after reporting a 7% net sales growth for fiscal year 2025.<\/p>\n<p>Sandoz Group closed lower by 2.45% after reporting a year-over-year decline in first-quarter net sales to $2.48 billion from $2.49 billion. <\/p>\n<p>UBS Group shares ended down by 0.4%. The banking group repored that its net profit for the January-March 2025 quarter decreased year over year to $1.70 billion from $1.76 billion. Total revenue fell to $12.56 billion from $12.74 billion.<\/p>\n<p>Partners Group and Straumann Holding ended down 1.7% and 1.47%, respectively.<\/p>\n<p>In economic news, a measure signaling future turning points in the Swiss <span class=\"landLinks\">economy<\/span> worsened in April, indicating that the outlook for the economy is considerably subdued, the results of a survey by the KOF Swiss Economic Institute showed.<\/p>\n<p>The economic barometer dropped to 97.1 in April from a downwardly revised 103.2 in March.<\/p>\n<p>&#8220;After an increase in the previous month, it now drops below its medium-term average for the first time this year,&#8221; the KOF said. <\/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 Positive Note<\/a><br \/>\n<br \/>2025-04-30 17:39:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59172,"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-59171","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59171","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=59171"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59172"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}