{"id":9963,"date":"2021-05-20T18:35:12","date_gmt":"2021-05-20T18:35:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/20\/swiss-market-closes-notably-higher\/"},"modified":"2021-05-20T18:35:12","modified_gmt":"2021-05-20T18:35:12","slug":"swiss-market-closes-notably-higher","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/20\/swiss-market-closes-notably-higher\/","title":{"rendered":"Swiss Market Closes Notably Higher"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Switzerland stock market ended on a firm note on Thursday, tracking gains in global <span class=\"landLinks\">markets<\/span> amid rising optimism about strong economic rebound.<\/p>\n<p>Easing fears about any monetary tightening by central banks, and data showing another drop in jobless claims in the U.S. aided sentiment.<\/p>\n<p>The benchmark SMI opened on a strong note, and despite very nearly dropping toward the flat line before noon, gained in strength as the day progressed to end with an impressive gain.<\/p>\n<p>The index ended the day with a gain of 106.88 points or 0.97% at 11,152.08, the day&#8217;s high.<\/p>\n<p>Partners Group surged up 2.85%. Credit Suisse and Givaudan both ended higher by about 2.3%. Geberit, Sika, Lonza Group and UBS Group gained 1.5 to 2%.<\/p>\n<p>Richemont, Roche Holding, Alcon, SGS, ABB and Nestle moved up 1 to 1.25%, while Novartis and Swatch Group edged up marginally.<\/p>\n<p>Among the stocks in the Mid Price Index, Logitech ended more than 3% up. Cembra Money Bank gained nearly 3%. Temenos Group firmed up 2.65%, while Julius Baer, Kuehne &amp; Nagel, Tecan Group, BB Biotech and VAT Group gained 1.5 to 2.3%. <\/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 Notably Higher<\/a><br \/>\n<br \/>2021-05-20 18:35:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Switzerland stock market ended on a firm note on Thursday, tracking gains in global markets amid rising optimism about strong economic rebound. Easing fears about any monetary tightening by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-9963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9963","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=9963"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9964"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}