Swiss Market Index Remains Steady, Advance-Decline Ratio Shows Positive Trend

May 01 2025 01:03 PM IST
The SMI remains relatively stable, with a positive advance decline ratio indicating a slightly bullish sentiment.

The Swiss market is seeing mixed results today, with the SMI (Swiss Market Index) remaining relatively unchanged at 12,116.98 points. However, the advance decline ratio across the SMI shows a positive trend, with 127 advances and only 63 declines, indicating a 2.02x ratio.

In terms of individual stocks, Givaudan SA is the top large cap gainer, with a 1.66% increase in its stock price. SGS SA is the top mid cap gainer, with a 1.48% increase, while Tecan Group AG leads the small cap category with a 2.77% gain.

On the other hand, Novartis AG is the top large cap loser, with a 0.45% decrease in its stock price. Partners Group Holding AG is the top mid cap loser, with a 1.69% decline, and Logitech International SA is the top small cap loser, with a 3.72% decrease.

The SMI Caps, which tracks the performance of small and mid cap companies, is currently falling by 0.0%. However, there are some notable gainers in this category, including Adval Tech Holding AG with a 16.82% increase, Spexis Ltd. with an 11.76% gain, and Idorsia Ltd. with an 8.95% increase. On the other hand, Swiss Steel Holding AG is the top loser in this category, with an 11.45% decrease, followed by Xlife Sciences AG with a 7.79% decline and Leclanché SA with a 7.66% decrease.

Overall, the Swiss market is showing a mixed trend today, with some stocks performing well while others are facing losses. Investors will continue to monitor the market closely for any further developments.

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