Bullish
SMI20 rises 1.6% to 14,350 points, marking fifth consecutive gain.
The Swiss Market Index (SMI20) continued its upward trend, increasing by 1.6% to 14,350 points on October 15, 2026. This marks the fifth consecutive day of gains, driven by strong performances in defensive sectors, particularly healthcare. Notably, Alcon and Lonza shares rose by 3.3% each, bolstered by positive financial outlooks. Conversely, ABB shares declined by 3.4%, influenced by concerns over reduced investments in AI-related infrastructure.
Key points
- SMI20 achieves fifth consecutive gain, closing at 14,350 points.
- Alcon and Lonza shares rise 3.3% each, driven by positive financial outlooks.
- ABB shares fall 3.4%, amid reduced AI infrastructure investments.
Sources
AI-generated from public news sources. Not financial advice.
