Swiss Market Index (SMI) Switzerland Blue Chip Index

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Indices informations

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Sector Represented

Indices

The Swiss Market Index (SMI) is the most significant stock market index in Switzerland. It comprises the 20 largest and most liquid stocks listed on the SIX Swiss Exchange, which is the primary stock exchange in Switzerland. The SMI is a vital benchmark for investors and provides an overview of the Swiss equity market’s performance.

The SMI was introduced in June 1988 with a base value of 1,500 points. Since then, it has become a crucial indicator of the Swiss stock market’s overall direction and serves as a reference point for various investment strategies and financial products.

Components of the SMI

The SMI consists of the top 20 stocks across various sectors and industries in Switzerland. Some of the notable companies included in the SMI are Nestle, Novartis, Roche Holding, UBS Group, and ABB Ltd. These companies represent a significant portion of the Swiss market capitalization and play a crucial role in the country’s economy.

As the components of the SMI are carefully selected based on their size, liquidity, and sector representation, the index provides a comprehensive snapshot of the Swiss equity market’s performance.

Weighting and Calculation

The SMI is a price-weighted index, meaning that each component’s weight is determined by its share price rather than market capitalization. This implies that stocks with higher prices have a more substantial impact on the index’s movements.

The index is calculated using a divisor to maintain continuity and ensure comparability over time. Any corporate actions such as stock splits, rights issues, or dividends are adjusted to ensure that the index accurately reflects the market’s performance.

SMI as an Investment Tool

The SMI is widely used by investors, fund managers, and financial institutions as a benchmark for evaluating the Swiss equities market. It provides insights into market trends, risk appetite, and overall investor sentiment in Switzerland.

Many ETFs (Exchange-Traded Funds) and index funds are based on the SMI, allowing investors to gain exposure to the entire Swiss equity market or specific sectors represented within the index.

Conclusion

The Swiss Market Index (SMI) plays a crucial role in assessing the performance of the Swiss stock market. With its diverse range of components from various industries, it serves as a reliable indicator of the overall health of the Swiss equity market. The SMI is not only a valuable tool for investors but also a reflection of Switzerland’s economic landscape.

 

Swiss Market Index Key Data

The Swiss Market Index (SMI) is Switzerland’s leading stock market index, consisting of the 20 largest and most liquid stocks listed on the SIX Swiss Exchange. As one of the key indicators of the Swiss economy, the SMI provides insights into the performance of the country’s major companies across various sectors.

Composition of the SMI

The SMI represents a diverse range of industries including banking, pharmaceuticals, consumer goods, telecommunications, and more. Some of the prominent companies included in the index are Nestlé, Novartis, Roche Holding, UBS Group, and Credit Suisse Group. These companies play a crucial role in driving the Swiss economy and their performance significantly impacts the overall movement of the index.

Market Capitalization and Weightage

The SMI is a market capitalization-weighted index, meaning that each company’s weight within the index is determined by its market value. This ensures that larger companies have a greater impact on the index’s movements. As of [insert date], the total market capitalization of the SMI constituents was approximately [insert value], reflecting the significant size and influence these companies hold in the Swiss market.

Performance and Returns

The SMI is closely monitored by investors and financial analysts as a benchmark for the Swiss equity market. It serves as an indicator of the overall health and performance of the Swiss economy. Investors use the SMI as a reference point to assess the returns generated by their investments and make informed decisions based on market trends.

Historically, the SMI has shown resilience and stability, with consistent long-term growth. However, like any other stock market index, it is subject to fluctuations and volatility influenced by both local and global economic factors. It is crucial for investors to carefully analyze the key data and market trends before making investment decisions.

Impact of Global Events

The Swiss economy is closely intertwined with global markets, and as a result, the SMI can be impacted by major global events. Economic developments, geopolitical tensions, trade agreements, and changes in monetary policies of other countries may influence the performance of the Swiss stock market and consequently affect the SMI.

Conclusion

The Swiss Market Index serves as a vital tool for investors, traders, and financial professionals in assessing the performance of the Swiss equity market. It provides valuable key data on the largest and most influential companies listed on the SIX Swiss Exchange. Understanding the composition, market capitalization, and performance of the SMI constituents helps in making informed investment decisions and staying updated with the latest trends in the Swiss market.

Swiss Market Index (SMI) Constituents: An Overview

The Swiss Market Index (SMI) is Switzerland’s most important stock market index. It is a capitalization-weighted index consisting of the 20 largest and most liquid stocks listed on the SIX Swiss Exchange. The SMI serves as a benchmark for the Swiss equity market, reflecting its overall performance.

Key Constituents of the Swiss Market Index:

1. Nestlé SA (NESN): Nestlé is one of the world’s largest food and beverage companies, offering a wide range of products including confectionery, bottled water, dairy, and pet food. With a strong global presence, Nestlé plays a significant role in the SMI.

2. Roche Holding AG (ROG): Roche is a leading global pharmaceuticals and diagnostics company. It specializes in developing innovative healthcare solutions to address various diseases and medical conditions. Roche’s inclusion in the SMI highlights the importance of the healthcare sector.

3. Novartis AG (NOVN): As another major pharmaceutical company, Novartis focuses on research, development, and manufacturing of prescription drugs across multiple therapeutic areas. Its diverse product portfolio contributes to the stability of the SMI.

4. UBS Group AG (UBSG): UBS is one of the world’s largest wealth management banks, providing financial services to individuals, corporations, and institutions globally. It plays a vital role in the Swiss financial industry and is a key constituent of the SMI.

5. Credit Suisse Group AG (CSGN): Another prominent Swiss bank, Credit Suisse offers a wide range of financial services, including investment banking, asset management, and private banking. Its inclusion in the SMI represents the strength of the Swiss financial sector.

6. ABB Ltd (ABBN): ABB is a leading multinational technology company specializing in robotics, power, and automation technologies. With its global reach and innovative solutions, ABB contributes significantly to the Swiss engineering and technology industry.

7. Zurich Insurance Group AG (ZURN): Zurich Insurance Group is one of the world’s largest insurance companies, offering a wide range of general and life insurance products. Its inclusion in the SMI reflects the importance of the insurance sector in Switzerland.

8. Swatch Group AG (UHR): Swatch Group is a renowned Swiss watchmaker, known for its iconic brands such as Omega, Longines, and Swatch. It represents the luxury goods industry within the SMI constituents.

9. Swiss Re AG (SREN): Swiss Re is a leading global reinsurance company, providing risk transfer solutions to insurance companies worldwide. Its expertise in managing complex risks contributes to the stability of the Swiss insurance industry.

10. LafargeHolcim Ltd (LHN): LafargeHolcim is a multinational building materials company, specializing in cement, aggregates, and ready-mix concrete. As a key player in the construction industry, LafargeHolcim’s presence adds value to the SMI constituents.

Conclusion:

The Swiss Market Index (SMI) consists of 20 major Swiss companies across different sectors, providing investors with a comprehensive view of the Swiss equity market. These constituents represent a diverse range of industries, including food and beverages, pharmaceuticals, banking and finance, technology, insurance, luxury goods, and construction. The inclusion of these companies in the SMI reflects their significance in the Swiss economy and their contribution to the overall market performance.

Fundamental Summary

SMI

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Short

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Long

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Long

Strength

SMI

0.00000

Long

Strength

SMI

11497.99000

Long

Strength

  • SMI

    Minute5

    short

    Resistance3 10988.80000
    Resistance2 10968.00000
    Resistance1 10927.09000
    Quote Price 0.00000
    Support1 10902.09000
    Support2 10889.49000
    Support3 10867.99000
    Next Trade
    2023-10-16 00:29:57
  • SMI

    Minute15

    short

    Resistance4 11067.70000
    Resistance3 10988.80000
    Resistance2 10968.00000
    Resistance1 10927.09000
    Quote Price 0.00000
    Support1 10902.09000
    Support2 10867.99000
    Next Trade
    2023-10-16 00:29:58
  • SMI

    Minute30

    long

    Resistance2 11047.20000
    Resistance1 11015.80000
    Quote Price 0.00000
    Support1 10910.99000
    Support2 10805.90000
    Support3 10729.00000
    Support4 10692.29000
    Next Trade
    2023-10-16 00:30:00
  • SMI

    Hour1

    short

    Resistance4 10692.29000
    Resistance3 10729.00000
    Resistance2 10692.29000
    Resistance1 10729.00000
    Quote Price 0.00000
    Support1 11015.80000
    Support2 11220.10000
    Next Trade
    2023-10-16 00:30:03
  • SMI

    Hour4

    short

    Resistance1 10692.29000
    Quote Price 0.00000
    Support1 11015.80000
    Support2 11047.20000
    Support3 11245.00000
    Support4 11401.40000
    Support5 11449.50000
    Next Trade
    2023-10-16 00:30:04
  • SMI

    Daily

    long

    Resistance3 11615.60000
    Resistance2 11401.40000
    Resistance1 11245.00000
    Quote Price 0.00000
    Support1 10692.29000
    Support2 10392.50000
    Support3 10007.09000
    Next Trade
    2023-10-16 00:30:06
  • SMI

    Weekly

    long

    Resistance2 13003.49000
    Resistance1 11615.60000
    Quote Price 0.00000
    Support1 10692.29000
    Support2 10392.50000
    Support3 10007.09000
    Support4 10336.69000
    Next Trade
    2023-10-28 19:11:50
  • SMI

    Monthly

    long

    Quote Price 11497.99000
    Support1 10007.09000
    Next Trade
    2023-10-28 19:11:51
    Coming soon!!

Technical Summary

SMI

0.00000

Short

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Long

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Short

Strength

SMI

0.00000

Long

Strength

SMI

0.00000

Long

Strength

SMI

11497.99000

Long

Strength

  • SMI

    Minute5

    short

    Resistance3 10988.80000
    Resistance2 10968.00000
    Resistance1 10927.09000
    Quote Price 0.00000
    Support1 10902.09000
    Support2 10889.49000
    Support3 10867.99000
    Next Trade
    2023-10-16 00:29:57
  • SMI

    Minute15

    short

    Resistance4 11067.70000
    Resistance3 10988.80000
    Resistance2 10968.00000
    Resistance1 10927.09000
    Quote Price 0.00000
    Support1 10902.09000
    Support2 10867.99000
    Next Trade
    2023-10-16 00:29:58
  • SMI

    Minute30

    long

    Resistance2 11047.20000
    Resistance1 11015.80000
    Quote Price 0.00000
    Support1 10910.99000
    Support2 10805.90000
    Support3 10729.00000
    Support4 10692.29000
    Next Trade
    2023-10-16 00:30:00
  • SMI

    Hour1

    short

    Resistance4 10692.29000
    Resistance3 10729.00000
    Resistance2 10692.29000
    Resistance1 10729.00000
    Quote Price 0.00000
    Support1 11015.80000
    Support2 11220.10000
    Next Trade
    2023-10-16 00:30:03
  • SMI

    Hour4

    short

    Resistance1 10692.29000
    Quote Price 0.00000
    Support1 11015.80000
    Support2 11047.20000
    Support3 11245.00000
    Support4 11401.40000
    Support5 11449.50000
    Next Trade
    2023-10-16 00:30:04
  • SMI

    Daily

    long

    Resistance3 11615.60000
    Resistance2 11401.40000
    Resistance1 11245.00000
    Quote Price 0.00000
    Support1 10692.29000
    Support2 10392.50000
    Support3 10007.09000
    Next Trade
    2023-10-16 00:30:06
  • SMI

    Weekly

    long

    Resistance2 13003.49000
    Resistance1 11615.60000
    Quote Price 0.00000
    Support1 10692.29000
    Support2 10392.50000
    Support3 10007.09000
    Support4 10336.69000
    Next Trade
    2023-10-28 19:11:50
  • SMI

    Monthly

    long

    Quote Price 11497.99000
    Support1 10007.09000
    Next Trade
    2023-10-28 19:11:51

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