{"id":60389,"date":"2025-06-02T17:56:10","date_gmt":"2025-06-02T17:56:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/swiss-market-ends-modestly-lower-20\/"},"modified":"2025-06-02T17:56:10","modified_gmt":"2025-06-02T17:56:10","slug":"swiss-market-ends-modestly-lower-20","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/swiss-market-ends-modestly-lower-20\/","title":{"rendered":"Swiss Market Ends Modestly Lower"},"content":{"rendered":"
<\/div>

\n<\/p>\n

\n

The Switzerland market ended weak on Monday after languishing in negative territory almost right through the day’s session as geopolitical tensions and tariff concerns weighed on sentiment.<\/p>\n

The benchmark SMI closed down 28.90 points or 0.24% at 12,198.18. The index touched a low of 12,132.19 in the session.<\/p>\n

Partners Group drifted down 2.3%. Adecco, Logitech International, Sika, Alcon, Sonova, Straumann Holding and Richemont lost 1 to 1.7%.<\/p>\n

SIG Group, ABB, Nestle, VAT Group, Kuehne + Nagel, SGS and Swatch Group also closed weak.<\/p>\n

Novartis climbed 1.12%. Geberit, Givaudan and Swiss Re also closed higher.<\/p>\n

On the economic front, data from the State Secretariat for Economic Affairs, or SECO, showed Switzerland’s gross domestic product expanded by an adjusted 0.8% sequentially after rising 0.6% in the fourth quarter of 2024, thanks to a notable rebound in exports to the US ahead of expected tariff hikes.<\/p>\n

On a yearly basis, economic growth improved to 2.2% from 1.3% a quarter ago.<\/p>\n

On the expenditure-side, private consumption rose at a slower pace of 0.2% after a 0.5% gain. Likewise, the increase in government spending slowed to 0.4% from 0.6%.<\/p>\n

On an unadjusted basis, GDP expanded 0.5% quarterly and 2% on a yearly basis in the first quarter.<\/p>\n

Earlier, the SECO projected the economy<\/span> to grow 1.4% this year, followed by 1.6% expansion in 2026. <\/p>\n<\/p>\n

Market Analysis<\/p>\n<\/div>\n