{"id":65496,"date":"2025-10-17T17:57:20","date_gmt":"2025-10-17T17:57:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/17\/swiss-market-ends-modestly-lower-23\/"},"modified":"2025-10-17T17:57:20","modified_gmt":"2025-10-17T17:57:20","slug":"swiss-market-ends-modestly-lower-23","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/17\/swiss-market-ends-modestly-lower-23\/","title":{"rendered":"Swiss Market Ends Modestly Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland market ended weak on Friday, in line with <span class=\"landLinks\">markets<\/span> across Europe, as concerns about the health of U.S. regional banks hurt sentiment and triggered a sell-off in financials stocks across the globe.<\/p>\n<p>Zions Bancorporation, a Utah-based lender, said it would write off $50m on two loans, while Phoenix-headquartered Western Alliance said it had started legal proceedings over a bad loan said to be worth $100m.<\/p>\n<p>Worries about U.S.-China trade tensions weighed as well on investor sentiment.<\/p>\n<p>The benchmark SMI, which dropped to a low of 12,476.92, staged a smart recovery, but still ended the day&#8217;s session on a negative note at 12,644.49, losing 57.59 points or 0.45%.<\/p>\n<p>Partners Group ended 3.57% down, and UBS Group lost 3.2%. Julius Baer, VAT Group and Amrize closed lower by 2.88%, 2.45%, and 2.19%, respectively.<\/p>\n<p>Holcim, Swiss Re, Swiss Life Holding, ABB, Straumann Holding, Galderma Group, Geberit and Alcon lost 1 to 2%.<\/p>\n<p>Nestle gained nearly 2%. Lonza Group, Givaudan, Kuehne + Nagel and Swisscom closed higher by 0.7 to 1%. SGS moved up 0.32%. <\/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 Modestly Lower<\/a><br \/>\n<br \/>2025-10-17 17:57:20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland market ended weak on Friday, in line with markets across Europe, as concerns about the health of U.S. regional banks hurt sentiment and triggered a sell-off in financials&#8230;<\/p>\n","protected":false},"author":2,"featured_media":65497,"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-65496","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65496","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=65496"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/65497"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=65496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=65496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=65496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}