Swiss Market Index (SMI) Drops 1.01% as Majority of Companies Face Losses

The Swiss Market Index (SMI) is experiencing a downward trend today, trading at 11,642.39 with a loss of -119.33 points or -1.01%. This is reflected in the advance decline ratio of 86 advances and 102 declines, with a ratio of 0.84x. The SMI Caps, which tracks the performance of small and mid-cap companies, is also falling by 1.01%.

Despite the overall decline, there are some notable gainers in the market. Givaudan SA, a large-cap company, is leading the pack with a gain of 1.79%. This is followed by Lonza Group AG, a mid-cap company, with a gain of 0.85%. Temenos AG, a small-cap company, is also performing well with a gain of 2.13%.

On the other hand, UBS Group AG, a large-cap company, is the top loser with a decline of -2.19%. Partners Group Holding AG, a mid-cap company, is not far behind with a decline of -1.54%. Emmi AG, a small-cap company, is also facing a decline of -2.12%.

In terms of sectors, the SMI is the top losing sector today with a decline of -1.01%. Out of the 1 sector advancing, there are 0 sectors advancing and 1 sector declining. This shows a clear dominance of the declining trend in the market.

Some notable companies that are driving the market today include Swiss Steel Holding AG, with a significant gain of 119.56%, Idorsia Ltd. with a gain of 19.06%, and Airesis AG with a gain of 11.76%. On the other hand, Meyer Burger Technology AG is the top loser with a decline of -11.88%, followed by SHL Telemedicine Ltd. with a decline of -8.70%, and ORIOR AG with a decline of -5.74%.

Overall, the market is facing a downward trend today, with the SMI and SMI Caps both experiencing declines. While there are some notable gainers, the majority of companies are facing losses. Investors should keep a close eye on the market and make informed decisions based on the current trends.