{"id":9677,"date":"2021-05-12T18:24:02","date_gmt":"2021-05-12T18:24:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/12\/swiss-market-ends-on-firm-note-7\/"},"modified":"2021-05-12T18:24:02","modified_gmt":"2021-05-12T18:24:02","slug":"swiss-market-ends-on-firm-note-7","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/12\/swiss-market-ends-on-firm-note-7\/","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> The Switzerland stock market suffered a setback and briefly slipped into negative territory around mid afternoon on Wednesday, but recovered swiftly and ended the day&#8217;s session on a firm note as buying resumed again.<\/p>\n<p>The mood was positive, mirroring the trend across Europe, amid continued optimism about global economic recovery. Reports that Switzerland is looking to expand its economic re-opening contributed as well to the positive mood.<\/p>\n<p>The Swiss government has announced plans to re-open indoor dining in restaurants, permit higher attendance at public events and ease work-from-home requirements thanks to falling infections and hospitalisations rates.<\/p>\n<p>The benchmark SMI ended down 44.58 points or 0.41% at 11,033.90, after scaling a low of 10,981.90 and a high of 11,069.24 intraday.<\/p>\n<p>Credit Suisse gained about 1.8%. Novartis, UBS Group, Swisscom and Swiss Life Holding gained 1 to 1.5%, while Roche Holding, Swiss Re, Geberit, Lonza Group and Swatch Group ended higher by 0.4 to 0.8%.<\/p>\n<p>Partners Group declined by about 1.9% and Alcon shed about 1.25%. Givaudan, Richemont and SGS also closed weak.<\/p>\n<p>In the Mid Price section, Julius Baer gained nearly 2%, while Galenica Sante and Vifor Pharma both ended higher by 1.6%. Clariant, Flughafen Zurich, BB Biotech and Lindt &amp; Spruengli also closed on firm note.<\/p>\n<p>Ems Chemie Holding and Logitech both declined by about 4%. Dufry ended 2.2% down and VAT Group closed nearly 2% down. SIG Combibloc and Sonova also ended notably lower. <\/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 Ends On Firm Note<\/a><br \/>\n<br \/>2021-05-12 18:24:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market suffered a setback and briefly slipped into negative territory around mid afternoon on Wednesday, but recovered swiftly and ended the day&#8217;s session on a firm note&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9678,"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-9677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9677","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=9677"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9678"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}