SMI experiences downward trend, with some companies seeing gains and others facing losses.
The Swiss Market Index (SMI) is experiencing a downward trend today, trading at 12,086.31 with a loss of -70.97 points or -0.58%. The advance-decline ratio across the SMI shows that for every 55 advancing stocks, there are 136 declining stocks, with a ratio of 0.4x.
The SMI Caps, which tracks the performance of small and mid-cap stocks, is also falling by 0.58%. However, there are still some companies that are bucking the trend and seeing gains. The top three gainers in the SMI today are Spexis Ltd. with a 21.71% increase, followed by Youngtimers AG with a 14.17% increase, and RELIEF THERAPEUTICS Holding SA with an 11.61% increase.
On the other hand, the top three losers in the SMI today are CPH Chemie + Papier Holding AG with a -25.16% decrease, Newron Pharmaceuticals SpA with a -12.77% decrease, and Santhera Pharmaceuticals Holding AG with a -10.01% decrease.
In terms of market capitalization, the top large cap gainer is Compagnie Financière Richemont SA with a 2.74% increase, while the top mid cap gainer is Straumann Holding AG with a 0.97% increase. The top small cap gainer is SIG Group AG with a 0.96% increase. On the other hand, the top large cap loser is UBS Group AG with a -3.18% decrease, while the top mid cap loser is Partners Group Holding AG with a -1.62% decrease. The top small cap loser is Tecan Group AG with a -3.15% decrease.
Out of the 1 sector advancing today, there are 0 sectors advancing and 1 sector declining. The top losing sector is the Switzerland SMI, which is down by -0.58%.
Investors should keep an eye on the performance of the SMI and its individual components, as well as the overall market sentiment, to make informed decisions about their investments.