{"id":8267,"date":"2021-03-23T18:08:09","date_gmt":"2021-03-23T18:08:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/23\/swiss-market-ends-on-firm-note-3\/"},"modified":"2021-03-23T18:08:09","modified_gmt":"2021-03-23T18:08:09","slug":"swiss-market-ends-on-firm-note-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/23\/swiss-market-ends-on-firm-note-3\/","title":{"rendered":"Swiss Market Ends On Firm Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite a weak start and a subsequent sluggish display that lasted till an hour past noon, the Switzerland stock market ended on a firm note on Tuesday.<\/p>\n<p>The benchmark SMI ended with a gain of 50.08 points or 0.45% at 11,098.66, after recording a fresh 52-week high of 11,118.33.<\/p>\n<p>Swisscom, up 2.3%, was the top gainer in the SMI index. Givaudan gained about 2%, while Nestle and Alcon both ended higher by about 1.6%. Lonza Group moved up 1.25%.<\/p>\n<p>Novartis shares ended 1.2% up after the company announced positive results from its phase III VISION study evaluating the efficacy and safety of radioligand therapy 177Lu-PSMA-617 in patients with advanced prostate cancer. <\/p>\n<p>SGS, Sika, Zurich Insurance Group and Geberit also ended with solid gains. Credit Suisse closed modestly higher.<\/p>\n<p>Roche Holding shares ended 1.7% down after the pharma firm announced that it will discontinue dosing in a Phase III study evaluating its investigational candidate tominersen in manifest Huntington&#8217;s disease.<\/p>\n<p>Swtch Group declined 2.4%, while Richemont ended lower by about 0.5%. UBS Group and ABB edged down marginally.<\/p>\n<p>In the midcap section, Sonova moved up 3.7%, Temenos Group gained 3.1%, Logitech and Tecan Group both moved up by about 2%, and Swiss Prime Site ended 1.8% up.<\/p>\n<p>AMS declined 5.2%, BB Biotech lost 2.7% and VAT Group ended 2.1% down, while Lindt &amp; Spruengli, Dufry, Flughafen Zurich and Kuehne &amp; Nagel ended lower by 1 to 1.3%.<\/p>\n<p>Swiss online pharmacy Zur Rose Group shares rose sharply following a rating upgrade of the stock by Morgan Stanley. <\/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 Firm Note<\/a><br \/>\n<br \/>2021-03-23 18:08:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite a weak start and a subsequent sluggish display that lasted till an hour past noon, the Switzerland stock market ended on a firm note on Tuesday. The benchmark SMI&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8268,"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-8267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8267","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=8267"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8268"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}