{"id":59434,"date":"2025-05-07T17:23:56","date_gmt":"2025-05-07T17:23:56","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/07\/swiss-market-ends-nearly-1-down\/"},"modified":"2025-05-07T17:23:56","modified_gmt":"2025-05-07T17:23:56","slug":"swiss-market-ends-nearly-1-down","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/07\/swiss-market-ends-nearly-1-down\/","title":{"rendered":"Swiss Market Ends Nearly 1% Down"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day&#8217;s session as investors stayed cautious ahead of the Federal Reserve and the Bank of England&#8217;s monetary policy announcements, due later in the day, and on Thursday, respectively.<\/p>\n<p>The benchmark SMI closed down 116.82 points or 0.96% at 12,113.76, slightly off the day&#8217;s low of 12,100.07.<\/p>\n<p>Kuehne + Nagel and Lonza Group lost 2.77% and 2.5%, respectively. Partners Group, Adecco, Roche Holding, Swatch Group, Richemont and Alcon ended down by 1.6 to 2.2%.<\/p>\n<p>Julius Baer, Sika, Novartis, Givaudan and Swisscom also closed notably lower.<\/p>\n<p>Straumann Holding (up 0.5%) and UBS Group (up marginally) were the only gainers in the SMI index.<\/p>\n<p>In economic news, the Swiss National Bank&#8217;s foreign exchange reserves fell to CHF 702.895 billion in April 2025, the lowest since August 2024, from CHF 725.551 billion in the previous month. This marked the third consecutive decline. <\/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 Nearly 1% Down<\/a><br \/>\n<br \/>2025-05-07 17:23:56<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day&#8217;s session as investors stayed cautious ahead of the Federal Reserve and the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59435,"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-59434","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59434","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=59434"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59435"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}