SMISMI20
Daily Market Briefing
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SMI drops below 14,000 points amid global market downturn and healthcare sell-off.
The Swiss Market Index (SMI) has fallen over 5% in the past month, dropping below the 14,000-point threshold for the first time since June 24. This decline reflects a broader bearish global market trend and a significant sell-off in healthcare stocks, particularly Novartis.
Previous briefings
SMI drops below 14,000 points amid global market downturn and healthcare sell-off
The Swiss Market Index (SMI) has fallen over 5% in the past month, dropping below the 14,000-point threshold for the first time since June 24. This decline reflects a broader bearish global market trend and a significant sell-off in healthcare stocks, particularly Novartis.
SMI closes at 14,279.38, down 0.81% amid global market volatility.
The Swiss Market Index (SMI) declined by 0.81% to close at 14,279.38, influenced by global market volatility and sector-specific challenges. Notably, Novartis AG's stock fell 3.5% following the disclosure of Phase III trial results, impacting the healthcare sector. Additionally, Deutsche Bank downgraded Partners Group, leading to a decrease in its share price.
SMI Index rises 0.34% to 14,334.79; Novartis gains 6.25% on positive drug data
The Swiss Market Index (SMI) increased by 0.34% to close at 14,334.79 on September 1, 2026. Novartis led the gains with a 6.25% rise following positive late-stage data for its multiple sclerosis drug. Other SMI components showed mixed performance, with notable declines in Partners Group Holding AG (-7.26%) and Roche Holding AG (-1.50%).
SMI closes at 14,286.43, down 0.79% amid global market volatility.
The Swiss Market Index (SMI) declined by 0.79% to close at 14,286.43, influenced by global market volatility. The index's performance was impacted by geopolitical tensions and fluctuations in global oil prices.
SMI rises 0.5% to 14,601 points, nearing record high; construction, tech stocks lead.
The Swiss Market Index (SMI) advanced by 0.5% to 14,601 points, approaching its record high of 14,669.51. Gains were driven by strong performances in construction and technology sectors, with companies like Amrize, Holcim, and Stadler Rail leading the charge. However, healthcare giants Roche and Novartis weighed on the index. Investors are also awaiting Nvidia's quarterly results, adding to the positive sentiment.
SMI closes at 14,368.16, down 0.13%, amid global market fluctuations.
The Swiss Market Index (SMI) edged lower by 0.13% to 14,368.16 on August 20, 2026, as global markets grappled with rising oil prices and inflation concerns. While the SMI's decline was modest, European markets faced broader challenges, with the EuroStoxx 50 dropping 0.35% to 6,422.06. The SMI's performance was influenced by global market trends, including higher oil prices and inflation concerns.
SMI rises 0.66% amid Middle East calm and falling oil prices
The Swiss Market Index (SMI) gained 0.66% on July 27, 2026, driven by reduced tensions in the Middle East and a significant drop in oil prices. This positive momentum is expected to continue, with a busy week ahead featuring corporate earnings reports, monetary policy decisions, and key economic data releases.
SMI Index closes at 14,327.20, up 0.79% on July 24, 2026.
The Swiss Market Index (SMI) closed at 14,327.20 on July 24, 2026, marking a 0.79% increase from the previous day. This uptick occurred amid a broader market environment influenced by geopolitical tensions and fluctuating oil prices. Notably, the SMI's performance was relatively stable compared to other global indices, which experienced more significant volatility.
Sandoz to join Swiss Market Index (SMI) on September 21, 2026.
Sandoz, a global leader in affordable medicines, has been included in the Swiss Market Index (SMI) following the regular index review by SIX. This inclusion reflects Sandoz's growth and increasing relevance with investors. The adjustment will take effect on September 21, 2026.
SMI20 index declines amid global tech sell-off and Middle East tensions
The SMI20 index experienced a decline on July 17, 2026, influenced by a global sell-off in technology stocks and escalating tensions in the Middle East. The technology sector, particularly semiconductor companies, faced significant losses due to concerns over high valuations and the sustainability of AI-driven growth. Additionally, geopolitical developments, including increased tensions in the Middle East, contributed to a risk-off sentiment among investors.
European shares rise as cool US inflation data curbs some rate hike fears
European markets experienced modest gains following a softer-than-expected U.S. inflation report, which alleviated some concerns about potential Federal Reserve interest rate hikes. The pan-European STOXX 600 index closed 0.2% higher at 642.1 points, recovering from earlier losses. Basic materials stocks led the rally, rising 2.4% as metal prices increased against a weaker dollar.
Swiss Market Index (SMI) to undergo significant changes on September 21, 2026.
The Swiss Market Index (SMI) will see notable adjustments on September 21, 2026, following the latest index review. Galderma Group N and Sandoz Group N will be added to the SMI and SPI®20 indices, while Swisscom N and Kühne+Nagel International AG N will be excluded. These changes reflect shifts in market capitalization and index composition.
SMI declines 1.3% to 14,174.35 amid geopolitical tensions and market rotation
The Swiss Market Index (SMI) fell 1.3% to 14,174.35 points, influenced by escalating geopolitical tensions and recent index rebalancing. The U.S. announcement ending the Iran ceasefire heightened market uncertainty, leading to a sell-off in risk assets. Additionally, the SMI underwent a significant rotation, with Galderma and Sandoz entering the index, while Swisscom and Kühne+Nagel were removed, reflecting shifts in market dynamics.
SMI hits record high of 14,352.98 points on July 2, 2026.
In the past 24 hours, the Swiss Market Index (SMI) reached a new all-time high of 14,352.98 points on July 2, 2026, driven by weaker-than-expected U.S. job data and speculation about interest rates. This milestone reflects strong investor confidence in the Swiss market.
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AI-generated from public news sources. Not financial advice.