{"id":9192,"date":"2021-04-26T18:01:33","date_gmt":"2021-04-26T18:01:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/26\/swiss-market-closes-weak-for-2nd-straight-day\/"},"modified":"2021-04-26T18:01:33","modified_gmt":"2021-04-26T18:01:33","slug":"swiss-market-closes-weak-for-2nd-straight-day","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/26\/swiss-market-closes-weak-for-2nd-straight-day\/","title":{"rendered":"Swiss Market Closes Weak For 2nd Straight Day"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market closed weak on Monday, bucking the largely negative trend seen in Europe. <\/p>\n<p>The mood was cautious amid uncertainty about the pace of economic recovery due to the surge in <span class=\"landLinks\">coronavirus<\/span> cases in several countries, including India and Japan.<\/p>\n<p>The benchmark SMI ended down 38.45 points or 0.34% at 11,162.09, after scaling a high of 11,201.80 and a low of 11,131.19 intraday.<\/p>\n<p>The index ended lower by 0.22% on Friday, snapping a 2-day winning run.<\/p>\n<p>Nestle shares ended 1% down after the food giant confirmed that it is in discussions to buy nutritional supplement maker The Bountiful Company.<\/p>\n<p>SGS, Roche Holding and Givaudan lost 0.8 to 1%. Swatch Group, Swisscom and Novartis ended modestly lower.<\/p>\n<p>Partners Group, UBS Group, Swiss Life Holding, Swiss Re and LafargeHolcim gained 0.7 to 1%.<\/p>\n<p>In the Mid Price Index, Kuehne &amp; Nagel declined 2.63%. Cembra Money Bank ended 2.2% down. Straumann Holding slid 1.7%, while SIG Combibloc and VAT Group lost 1.2% and 1.1%, respectively.<\/p>\n<p>Julius Baer, Flughafen Zurich, Dufry, Vifor Pharma and BB Biotech gained 1.3 to 2% and Schindler Ps gained nearly 1%. Georg Fischer, Temenos Group, Schindler Holding and Clariant also ended notably higher. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Weak For 2nd Straight Day<\/a><br \/>\n<br \/>2021-04-26 18:01:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market closed weak on Monday, bucking the largely negative trend seen in Europe. The mood was cautious amid uncertainty about the pace of economic recovery due to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-9192","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\/9192","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=9192"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9193"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}