Swiss Market Index (SMI) Shows Mixed Trend with 0.33% Increase and Equal Advance-Decline Ratio
The Swiss Market Index (SMI) is showing a mixed trend today, with a slight increase of 0.33%. The advance decline ratio across the SMI is almost equal, with 94 advances and 91 declines, resulting in a ratio of 1.03x. The SMI Caps index is also on the rise, gaining 0.33%.
Among the top gainers in the SMI are Airesis AG, Spexis Ltd., and Bystronic AG, with gains of 25.33%, 11.76%, and 6.48% respectively. On the other hand, Meyer Burger Technology AG, Highlight Event & Entertainment AG, and WISeKey International Holding Ltd. are the top losers, with declines of -42.41%, -21.24%, and -16.10% respectively.
The SMI is currently trading at 12,227.08, with a gain of 40.34 points. Novartis AG is the top large cap gainer, with a 1.40% increase, while Lonza Group AG is the top mid cap gainer, with a 1.43% increase. Ypsomed Holding AG is the top small cap gainer, with a 3.97% increase. On the other hand, Holcim Ltd., Straumann Holding AG, and Tecan Group AG are the top losers in their respective categories, with declines of -2.57%, -1.49%, and -2.39%.
Out of the 1 sector advancing today, the Switzerland SMI sector is leading with a gain of 0.33%. This is in contrast to 0 sectors declining, indicating a positive trend in the market. Overall, the market is being driven by the performance of large, mid, and small cap companies, with the SMI sector leading the way. Investors will be keeping a close eye on the market as it continues to show mixed trends.