{"id":7619,"date":"2021-02-23T19:16:01","date_gmt":"2021-02-23T19:16:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/23\/swiss-market-ends-weak-again\/"},"modified":"2021-02-23T19:16:01","modified_gmt":"2021-02-23T19:16:01","slug":"swiss-market-ends-weak-again","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/23\/swiss-market-ends-weak-again\/","title":{"rendered":"Swiss Market Ends Weak Again"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended notably lower on Tuesday, extending losses to a sixth straight session, amid concerns about outlook for inflation.<\/p>\n<p>The benchmark SMI, which slid to 10,520.03 intraday, ended the session with a loss of 88.35 points or 0.83% at 10,609.03<\/p>\n<p>Sika declined 2.7% and ABB ended lower by 2.2%. Nestle, Geberit, Givaudan and Lonza Group lost 1 to 1.6%, shile Novartis and Roche Holding both ended lower by nearly 1%.<\/p>\n<p>Credit Suisse moved up nearly 1.5% and Swiss Re gained 1.2%, while Alcon and LafargeHolcim moved up 0.7% and 0.4%, respectively.<\/p>\n<p>In the Mid Price Index, SIG Combibloc tumbled more than 10%. Logitech, Tecan Group, BB Biotech and VAT Group lost 4 to 5%.<\/p>\n<p>Straumann Holding ended 3.8% down and AMS lost about 3.1%. Georg Fischer, OC Oerlikon Corp, Galenica Sante, Sonova, Kuehne &amp; Nagel and Ems Chemie Holding ended lower by 1.7 to 3%.<\/p>\n<p>Flughafen Zurich surged up 3.8%, Dufry gained 2.5% and PSP Swiss Property advanced 1.7%, while Swiss Prime Site gained about 1%.<\/p>\n<p>Data from the Federal Statistical Office showed Switzerland&#8217;s producer and import prices declined in January, falling 2.1% year-on-year.<\/p>\n<p>The producer price index decreased 1.2% annually in January and import prices decreased 3.9%.  On a monthly basis, producer and import prices rose 0.3% in January. <\/p>\n<p>The latest growth was mainly due to higher price for scrap, petroleum products, as well as for basic metals and semi-finished metal products, the agency said. <\/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 Weak Again<\/a><br \/>\n<br \/>2021-02-23 19:16:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended notably lower on Tuesday, extending losses to a sixth straight session, amid concerns about outlook for inflation. The benchmark SMI, which slid to 10,520.03 intraday,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7620,"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-7619","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7619","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=7619"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7620"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}