{"id":59742,"date":"2025-05-15T17:39:18","date_gmt":"2025-05-15T17:39:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/15\/swiss-market-shrugs-off-weak-start-ends-on-firm-note\/"},"modified":"2025-05-15T17:39:18","modified_gmt":"2025-05-15T17:39:18","slug":"swiss-market-shrugs-off-weak-start-ends-on-firm-note","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/15\/swiss-market-shrugs-off-weak-start-ends-on-firm-note\/","title":{"rendered":"Swiss Market Shrugs Off Weak Start, Ends On Firm Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day&#8217;s session on a firm note.<\/p>\n<p>Data showing a strong pace of expansion of the Swiss <span class=\"landLinks\">economy<\/span> in the first quarter of this year aided sentiment.<\/p>\n<p>The benchmark SMI, which edged down to 12,074.64 in early trades, ended the session with a gain of 95.09 points or 0.78% at 12,227.28, the day&#8217;s high.<\/p>\n<p>Givaudan, the top gainer in the SMI index, climbed 2.53%. SGS gained nearly 2%, while Swisscom and Nestle, both closed higher by about 1.65%.<\/p>\n<p>Schindler Ps, Novartis, Sandoz Group, Swiss Re, Zurich Insurance, Roche Holding and Sonova gained 0.9 to 1.2%. ABB, Lindt &amp; Spruengli, UBS Group and Geberit also ended on firm note.<\/p>\n<p>VAT Group closed down 1.1%. Sika, Adecco, Lonza Group, Partners Group and Straumann Holding also ended notably lower.<\/p>\n<p>Data from the State Secretariat for Economic Affairs showed that Switzerland&#8217;s economy expanded by 0.7% in the first quarter of 2025, following an upwardly revised 0.5% growth in the previous quarter, according to a flash estimate. This marked the strongest pace of expansion since the first quarter of 2023.<\/p>\n<p>Data from the Federal Statistical Office showed Switzerland&#8217;s producer and import prices dropped by 0.5% year-on-year in April 2025, deepening from a 0.1% fall in the previous month. This marked the 24th consecutive period of producer deflation and the steepest since December 2024. <\/p>\n<p>On a monthly basis, producer and import prices edged higher by 0.1% in April, the same pace as in the prior month but slightly missing forecasts of a 0.2% rise. <\/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 Shrugs Off Weak Start, Ends On Firm Note<\/a><br \/>\n<br \/>2025-05-15 17:39:18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day&#8217;s session on a firm note. Data&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59743,"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-59742","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59742","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=59742"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59743"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}