SMI Trends Lower on SIX Swiss Exchange, finanzen.ch Reports
The Swiss Market Index trended lower during trading at the SIX Swiss Exchange, dropping 0.13 percent to 14’330.14 points, finanzen.ch reported. The session began with a minor gain of 0.060 percent at 14’358.18 points, following a previous close of 14’349.51 points.
SMI Index Climbs 8.17 Percent Since Start of 2026
During the early hours of the Friday session, the blue-chip index touched a day’s low of 14’326.71 units and reached a high of 14’359.55 units. The total market capitalization of the companies comprising the SMI stood at 1.625 Bio. euros. Over the course of the week, the index climbed 3.49 percent. Looking further back, the SMI sat at 13’868.66 points a month ago on September 16, 2026, and at 14’267.19 points three months ago on July 16, 2026. A year ago on October 16, 2025, the index was recorded at 12’702.08 points, bringing the total gain since the start of 2026 to 8.17 percent. The index currently holds a yearly high of 14’669.51 points and a yearly low of 12’053.51 points.
Index Leaders and Laggards
Individual performance across the constituents showed a clear split between gainers and losers. The strongest performers in the SMI included ABB (Asea Brown Boveri), which rose 1.29 percent to 77.18 Swiss francs, alongside Amrize up 0.84 percent at 31.10 francs, Holcim higher by 0.81 percent at 64.54 francs, Nestlé gaining 0.74 percent to 81.67 francs, and Partners Group advancing 0.60 percent to 603.80 francs. Conversely, the primary index drags featured Novartis dropping 1.21 percent to 124.38 francs, Roche losing 1.00 percent to 375.90 francs, Sandoz down 0.53 percent at 74.86 francs, Alcon slipping 0.40 percent to 54.90 francs, and Zurich Insurance falling 0.39 percent to 605.80 francs.

Nestlé Leads Trading Volume as Roche Holds Highest Value
Nestlé led the index in trading volume, with 604’367 shares changing hands at the home exchange. Meanwhile, Roche retained the highest overall market value in the index at 317.750 billion euros. FactSet projections for fundamental indicators point to Swiss Re holding the lowest price-to-earnings ratio in the SMI for 2026 at an estimated 10.75. In terms of dividend yield, Partners Group is projected to lead the index in 2026 with an estimated return of 7.51 percent.