{"id":64866,"date":"2025-10-01T17:46:01","date_gmt":"2025-10-01T17:46:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/01\/swiss-market-ends-on-upbeat-note-7\/"},"modified":"2025-10-01T17:46:01","modified_gmt":"2025-10-01T17:46:01","slug":"swiss-market-ends-on-upbeat-note-7","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/01\/swiss-market-ends-on-upbeat-note-7\/","title":{"rendered":"Swiss Market Ends On Upbeat Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump administration to allow patients to purchase discounter prescription drugs through a new federal website.<\/p>\n<p>The benchmark SMI closed with a strong gain of 250.71 points or 2.07% at 12,360.13, the day&#8217;s high.<\/p>\n<p>Roche Holding surged about 8.7%, and Novartis climbed nearly 4%.<\/p>\n<p>VAT Group ended 3.05% up. Kuehne + Nagel, Swatch Group, Lonza Group, Straumann Holding and Nestle gained 1.1 to 1.6%.<\/p>\n<p>Sandoz Group tumbled 5.2%. Galderma Group drifted down 2.6%, and Lindt &amp; Spruengli lost 1.48%. UBS Group, Amrize, Schindler Ps and Givaudan also closed weak.<\/p>\n<p>Data from the Federal Statistical Office revealed Swiss retail sales decreased for the first time in three months in August, dropping by 0.2% on a yearly basis, reversing a 0.9% rise in July. Sales were expected to rise by 0.5%.<\/p>\n<p>Month-on-month, retail sales decreased at a slower pace of 0.2% in August versus a 0.4% fall in July. <\/p>\n<\/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 On Upbeat Note<\/a><br \/>\n<br \/>2025-10-01 17:46:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64867,"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-64866","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64866","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=64866"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64867"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}