Swiss Market Index (SMI) Shows Mixed Trend with Decline of 0.35% and More Declining Stocks Than Advancing Ones

Sep 11 2024 01:02 PM IST

The Swiss Market Index (SMI) is currently experiencing a mixed trend, with a decline of 0.35%. The advance-decline ratio for the SMI is 0.55x, indicating that there are more declining stocks than advancing ones. Top gainers include Spexis Ltd., CI Com SA, and Peach Property Group AG, while top losers include HOCHDORF Holding AG, RELIEF THERAPEUTICS Holding SA, and Addex Therapeutics Ltd. The SMI is currently trading at 11,922.91 with a loss of 41.81 points. Givaudan SA, Sonova Holding AG, and Bachem Holding AG are the top large cap, mid cap, and small cap gainers respectively, while Novartis AG, Swiss Re AG, and SIG Group AG are the top large cap losers. The SMI sector is currently declining, with 1 sector advancing and 1 sector declining. Investors should closely monitor individual stocks and sectors to make informed decisions.

The market in Switzerland is seeing a mixed trend today, with the SMI (Swiss Market Index) showing a decline of 0.35%. The advance-decline ratio for the SMI stands at 64 advances and 116 declines, with a ratio of 0.55x. This indicates that the market is currently being driven by more declining stocks than advancing ones.

Among the top gainers in the SMI are Spexis Ltd., CI Com SA, and Peach Property Group AG, with gains of 11.76%, 9.65%, and 7.96% respectively. On the other hand, the top losers include HOCHDORF Holding AG, RELIEF THERAPEUTICS Holding SA, and Addex Therapeutics Ltd., with losses of 16.13%, 9.23%, and 7.65% respectively.

The SMI is currently trading at 11,922.91, with a loss of 41.81 points. The top large cap gainer is Givaudan SA, with a gain of 0.80%, while the top mid cap gainer is Sonova Holding AG, with a gain of 1.01%. The top small cap gainer is Bachem Holding AG, with a gain of 2.45%. On the other hand, the top large cap loser is Novartis AG, with a loss of 1.36%, followed by Swiss Re AG with a loss of 0.65%, and SIG Group AG with a loss of 2.40%.

Out of the 1 sector advancing today, there are 0 sectors advancing and 1 sector declining. The top losing sector is the SMI, with a decline of 0.35%. This indicates that the market is currently being driven by a decline in the SMI sector.

Overall, the market in Switzerland is seeing a mixed trend today, with some stocks showing gains while others are facing losses. Investors should keep a close eye on the market and make informed decisions based on the performance of individual stocks and sectors.

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