{"id":61495,"date":"2025-07-02T17:23:01","date_gmt":"2025-07-02T17:23:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/02\/swiss-market-closes-modestly-higher-19\/"},"modified":"2025-07-02T17:23:01","modified_gmt":"2025-07-02T17:23:01","slug":"swiss-market-closes-modestly-higher-19","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/02\/swiss-market-closes-modestly-higher-19\/","title":{"rendered":"Swiss Market Closes Modestly Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite struggling for direction for much of the day&#8217;s trading session, the Switzerland market closed modestly higher on Wednesday as select stocks found some good support in the final hour.<\/p>\n<p>The mood was cautious with investors awaiting further news on the trade front, and the data on Swiss inflation and unemployment, due later in the week.<\/p>\n<p>The benchmark SMI closed up 28.93 points or 0.24% at 11,992.24. The index touched a low of 11,917.49 and a high of 12,013.59 in the session.<\/p>\n<p>Adecco climbed nearly 4.5% and UBS Group closed up 3.45%. Swatch Group, Straumann Holding, VAT Group and Logitech International gained 2 to 3%.<\/p>\n<p>SGS gained nearly 2.5% after the company agreed to acquire Applied Technical Services, the US-based testing, inspection, calibration, and forensics company, for an enterprise value of $1.33 billion.<\/p>\n<p>Holcim gained nearly 2%. Kuehne + Nagel, Julius Baer, Richemont and SIG Group ended higher by 1 to 1.5%. ABB and Novartis posted moderate gains.<\/p>\n<p>Zurich Insurance Group ended down 1.8%. Lonza Group, Swiss Life Holding, Swiss Re, Geberit, Swisscom, Sandoz Group and Sonova lost 0.7 to 1%. <\/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 Closes Modestly Higher<\/a><br \/>\n<br \/>2025-07-02 17:23:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite struggling for direction for much of the day&#8217;s trading session, the Switzerland market closed modestly higher on Wednesday as select stocks found some good support in the final hour&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":61496,"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-61495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61495","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=61495"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61496"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}