Switzerland SMI Leads Market Gains, WISeKey International Holding Ltd. Tops List of Top Gainers
The market is showing a positive trend today, with 1 sector advancing and 0 sectors declining. The top gaining sector is the Switzerland SMI, which is up by 0.88%. This is reflected in the market summary, with the Switzerland SMI trading at 12,335.09 and a gain of 107.81 points.
In terms of large cap gainers, Compagnie Financière Richemont SA is leading the pack with a gain of 6.94%. This is followed by Sonova Holding AG with a gain of 2.84% in the mid cap category and Sandoz Group AG with a gain of 1.80% in the small cap category.
On the other hand, Nestlé SA is the top large cap loser with a decline of 0.13%. Swiss Life Holding AG is the top mid cap loser with a decline of 2.98% and Julius Bär Gruppe AG is the top small cap loser with a decline of 2.64%.
The advance decline ratio across Switzerland SMI is at 1.13x, with 102 advances and 90 declines. This indicates a positive sentiment in the market.
In terms of top gainers in the Switzerland SMI, WISeKey International Holding Ltd. is up by 11.79%, followed by Spexis Ltd. with a gain of 11.76% and DocMorris Ltd. with a gain of 10.22%. On the other hand, Tornos Holding AG is the top loser with a decline of 5.54%, followed by GAM Holding AG with a decline of 5.22% and Lalique Group SA with a decline of 4.89%.
Overall, the market is being driven by the positive performance of the Switzerland SMI, with a strong showing from various sectors and companies. Investors can keep an eye on the advance decline ratio and top gainers and losers to make informed decisions in the market.