Swiss Market Index (SMI) Experiences Mixed Day of Trading with 149 Advances and 58 Declines
The Swiss Market Index (SMI) is experiencing a mixed day of trading, with 149 advances and 58 declines, resulting in an advance decline ratio of 2.57x. The SMI Caps, which tracks the performance of small and mid-cap companies in Switzerland, is currently down by 1.6%.
Among the top gainers in the SMI are ams-OSRAM AG with a significant increase of 36.71%, followed by PIERER Mobility AG with a gain of 22.16%, and Cicor Technologies Ltd. with a rise of 17.11%. On the other hand, Meyer Burger Technology AG is the top loser with a decline of 42.41%, followed by Airesis AG with a drop of 40.30%, and Peach Property Group AG with a decrease of 15.72%.
In terms of market capitalization, Holcim Ltd. is the top gainer among large-cap companies with a rise of 10.19%, while Partners Group Holding AG leads the mid-cap category with a gain of 6.34%. Adecco Group AG is the top gainer among small-cap companies with a rise of 11.59%. On the other hand, Sika AG is the top loser among large-cap companies with a decline of 2.00%, followed by Sonova Holding AG with a drop of 1.05%, and Barry Callebaut AG with a decrease of 5.17%.
Overall, the SMI is currently trading at 11,937.42 with a loss of 194.51 points or 1.60%. Out of the 1 sector advancing today, 0 sectors are gaining while 1 sector is declining. The top losing sector is the Switzerland SMI, which is down by 1.60%. Investors are advised to closely monitor the market movements and make informed decisions based on their risk appetite and investment goals.