Swiss Market Index (SMI) Sees Mixed Results with Balanced Advance-Decline Ratio
The Swiss Market Index (SMI) is experiencing mixed results today, with a slight decline of 0.45%. The advance decline ratio across the SMI is 109 advances to 89 declines, indicating a relatively balanced market. However, the SMI Caps index is falling by 0.45%, showing a more negative trend in the smaller cap companies.
Among the top gainers in the SMI are Spexis Ltd., Swiss Steel Holding AG, and Highlight Event & Entertainment AG, with gains of 11.76%, 11.11%, and 9.22% respectively. On the other hand, Meyer Burger Technology AG, HOCHDORF Holding AG, and Perrot Duval Holding SA are the top losers, with declines of -42.41%, -10.82%, and -8.80%.
Out of the 1 sector advancing today, there are 0 sectors advancing and 1 sector declining. The top losing sector is the Switzerland SMI, with a decline of 0.45%. This could be attributed to the overall negative trend in the SMI Caps index.
The SMI is currently trading at 12,090.87, with a loss of -55.15 points. The top large cap gainer is Sika AG, with a gain of 2.39%, while the top mid cap gainer is Straumann Holding AG with a gain of 0.62%. The top small cap gainer is The Swatch Group AG, with a gain of 2.50%. On the other hand, the top large cap loser is Alcon AG with a decline of -1.55%, followed by Kühne + Nagel International AG with a decline of -3.00% and Emmi AG with a decline of -1.22%.
Overall, the Swiss market is experiencing a mixed day, with some companies seeing gains while others are facing losses. Investors should keep a close eye on the SMI Caps index and the top gaining and losing companies to make informed decisions.