{"id":8863,"date":"2021-04-15T18:32:24","date_gmt":"2021-04-15T18:32:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/15\/swiss-market-closes-higher-for-2nd-straight-day\/"},"modified":"2021-04-15T18:32:24","modified_gmt":"2021-04-15T18:32:24","slug":"swiss-market-closes-higher-for-2nd-straight-day","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/15\/swiss-market-closes-higher-for-2nd-straight-day\/","title":{"rendered":"Swiss Market Closes Higher For 2nd Straight Day"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended on a positive note on Thursday, in line with the trend seen in most of the <span class=\"landLinks\">markets<\/span> across Europe, amid continued optimism about global economic recovery.<\/p>\n<p>Worries about rising <span class=\"landLinks\">coronavirus<\/span> cases and slowdown in vaccination drive capped market&#8217;s upside.<\/p>\n<p>The benchmark SMI, which stayed positive right through the day, ended the session with a gain of 42.49 points or 0.38% at 11,198.70, after scaling a high of 11,226.25.<\/p>\n<p>ABB shares gained about 3.15% after the company raised its full-year sales outlook.<\/p>\n<p>Lonza Group and Sika ended higher by 1.2% and 1.1%, respectively, while Alcon and Novartis both ended higher by about 0.85%. Nestle gained a little over 0.5%.<\/p>\n<p>Partners Group and Swatch Group ended lower by 1.6% and 1.5%, respectively. UBS Group shed about 0.7%, while LafargeHolcim, Swiss Life Holding and SGS lost 0.4 to 0.5%.<\/p>\n<p>In the Mid Price Index, Vifor Pharma gained about 2.15%. Galenica Sante, BB Biotech, Clariant, Kuehne &amp; Nagel and SIG Combibloc moved up 1.1 to 1.7%.<\/p>\n<p>VAT Group shares declined 3.8%. AMS and Dufry shed 2.2% and 2%, respectively, while OC Oerlikon Corp declined 1.56% and Flughafen Zurich lost about 1%.<\/p>\n<p>Switzerland&#8217;s government announced Wednesday it would significantly ease its Covid-19 restrictions from April 19, despite the fact that the country&#8217;s epidemic &#8220;remains fragile and has even worsened in recent weeks&#8221;. <\/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 Closes Higher For 2nd Straight Day<\/a><br \/>\n<br \/>2021-04-15 18:32:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended on a positive note on Thursday, in line with the trend seen in most of the markets across Europe, amid continued optimism about global economic&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-8863","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8863","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=8863"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8864"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}