Swiss Market Index (SMI) Gains 0.84% with Majority of Stocks Showing Positive Trend
The Swiss market is seeing a positive trend today, with the SMI (Swiss Market Index) trading at 11,980.38 and gaining 100.38 points, a 0.84% increase. This is reflected in the advance decline ratio of 139 advances and 62 declines, showing a 2.24x ratio.
In terms of individual stocks, ABB Ltd. is the top large cap gainer with a 3.23% increase, followed by Partners Group Holding AG with a 2.53% increase in the mid cap category and BELIMO Holding AG with a 2.08% increase in the small cap category. On the other hand, Givaudan SA is the top large cap loser with a -0.98% decrease, Sonova Holding AG with a -1.13% decrease in the mid cap category and Temenos AG with a -2.83% decrease in the small cap category.
The SMI Caps, which tracks the performance of small and mid cap companies, is also on the rise with a 0.84% increase. The top gainers in this category include ams-OSRAM AG with a 17.01% increase, Spexis Ltd. with an 11.76% increase and Swiss Steel Holding AG with an 11.11% increase. However, Meyer Burger Technology AG is the top loser with a -42.41% decrease, followed by HOCHDORF Holding AG with a -6.33% decrease and Carlo Gavazzi Holding AG with a -5.99% decrease.
In terms of sectors, the Switzerland SMI is the top gaining sector with a 0.84% increase, out of the 1 sector that is advancing today. This shows a positive trend in the overall market.
Overall, the Swiss market is seeing a positive trend today with a majority of stocks and sectors showing gains. Investors can keep an eye on the SMI and SMI Caps for potential investment opportunities.