{"id":9013,"date":"2021-04-20T18:27:24","date_gmt":"2021-04-20T18:27:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/20\/swiss-market-ends-notably-lower-2\/"},"modified":"2021-04-20T18:27:24","modified_gmt":"2021-04-20T18:27:24","slug":"swiss-market-ends-notably-lower-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/20\/swiss-market-ends-notably-lower-2\/","title":{"rendered":"Swiss Market Ends Notably Lower"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended notably lower on Tuesday, in line with the trend across Europe, as worries about surging <span class=\"landLinks\">coronavirus<\/span> cases in Asia dented optimism about a quick economic recovery.<\/p>\n<p>The benchmark SMI ended with a loss of 130.86 points or 1.17% at 11,078.98, slightly off the day&#8217;s high of 11,065.87.<\/p>\n<p>Swiss Re plunged more than 7%. Credit Suisse, Richemont, UBS Group, ABB, LafargeHolcim and Swiss Life Holding lost 2 to 3.4%. Swatch Group shed 1.7%, while Partners Group, Zurich Insurance Group and Lonza Group ended lower by 1 to 1.25%.<\/p>\n<p>Sika bucked the trend and ended 0.8% up. The company announced that it recorded first-quarter sales of CHF 1.999 billion, representing an increase of 12.6% in local currencies from last year.<\/p>\n<p>Among the stocks in the Mid Price Index, AMS plunged nearly 13%. Dufry ended 6.5% down and Flughafen Zurich lost about 3.45%. Julius Baer ended nearly 3% down.<\/p>\n<p>Tecan Group, OC Oerlikon Corp, SIG Combibloc, Clariant, Cembra Money Bank and Baloise Holding also declined sharply. <\/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 Notably Lower<\/a><br \/>\n<br \/>2021-04-20 18:27:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended notably lower on Tuesday, in line with the trend across Europe, as worries about surging coronavirus cases in Asia dented optimism about a quick economic&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-9013","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\/9013","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=9013"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9014"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}