{"id":60445,"date":"2025-06-03T17:44:06","date_gmt":"2025-06-03T17:44:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/swiss-market-ends-modestly-higher-69\/"},"modified":"2025-06-03T17:44:06","modified_gmt":"2025-06-03T17:44:06","slug":"swiss-market-ends-modestly-higher-69","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/swiss-market-ends-modestly-higher-69\/","title":{"rendered":"Swiss Market Ends Modestly Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market retreated after a positive start Tuesday morning, and after moving along the flat line till around mid afternoon, found some momentum and eventually ended the day&#8217;s session modestly  Expectations of a rate cut by the Swiss central bank contributed to market&#8217;s upmove.<\/p>\n<p>The benchmark SMI, which climbed to 12,277.15 in early trades, closed up 41.44 points or 0.34% at 12,239.62.<\/p>\n<p>UBS Group, the top gainer in the SMI index, climbed 5.32%. The stock rallied following a rating upgrade by Jefferies.<\/p>\n<p>Logitech International ended nearly 2% up. VAT Group, ABB, Swatch Group, Sandoz Group, Alcon, Straumann Holding and Partners Group gained 0.7 to 1.4%.<\/p>\n<p>Swiss Re closed 1.61% down. Julius Baer and SIG Group ended lower by 1.44% and 1.2%, respectively. Sonova, Lonza Group, Roche Holding and Nestle also closed weak.<\/p>\n<p>Data from the Federal Statistical Office showed Switzerland&#8217;s consumer prices decreased for the first time in more than four years in May, dropping by 0.1% annually, after remaining flat in the previous month.<\/p>\n<p>Excluding food and energy, core inflation moderated to 0.5% from 0.6% a month ago. Month-on-month, consumer prices edged up 0.1% versus a stagnant change in April. <\/p>\n<p>The Organisation for Economic Co-operation and Development (OECD) has lowered its forecast for Swiss GDP growth for the year. The OECD now forecasts a GDP growth of 1.1% instead of 1.4% in 2025 and 1.2% instead of 1.9% in 2026, according to a report published today. <\/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 Modestly Higher<\/a><br \/>\n<br \/>2025-06-03 17:44:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market retreated after a positive start Tuesday morning, and after moving along the flat line till around mid afternoon, found some momentum and eventually ended the day&#8217;s session&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60446,"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-60445","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60445","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=60445"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60446"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}