SMI closes higher as Novartis lifts guidance by 59 points
Published on 10/27/2026 at 22:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNovartis and policy dates
- SMI ended October 27 at 14,598 points, up 59 points or 0.4 percent.
- Novartis lifted its 2026 core operating income outlook after third-quarter results.
- ABB led the SMI gainers with a 2.6 percent rise.
- The Federal Reserve decision is scheduled for October 28 at 2:00 p.m. ET.
The SMI closed at 14,598 points on October 27, 2026, up 59 points or 0.4 percent, finanzen.net reported. Novartis lifted its full-year core operating income outlook after quarterly results, supporting the index.
Novartis gained 1.0 percent after raising its full-year core operating income guidance and reaffirming its sales-growth view, dpa-AFX via finanzen.net reported.
Why did the SMI rise on Tuesday?
Novartis helped offset weakness in several other blue-chip shares. The company reported lower quarterly profit but raised its core operating income outlook, giving its shares support during the session.
Winners and losers in the SMI
The closing winners and losers came from the SIX session, according to finanzen.net:
- ABB up 2.6 percent
- Amrize up 2.0 percent
- Holcim up 1.8 percent
- Galderma down 3.1 percent
- Swiss Re down 1.6 percent
- Alcon down 0.7 percent
SMI course from the open to the close
The index opened at 14,547 points after closing at 14,539 points on October 26. It fell to 14,503 points shortly after the open, then reached 14,609 points late in the afternoon before finishing at 14,598 points, RTTNews reported.
The SMI stood 10.2 percent higher in 2026. Its year high was 14,670 points, while the index had stood at 13,946 points on September 25, finanzen.net reported.
What comes next for the SMI
- October 28, 2026, 6:45 a.m. CET: UBS publishes third-quarter results, with dpa-AFX listing the release.
- October 28, 2026, 7:00 a.m. CET: Sandoz publishes third-quarter sales, dpa-AFX reported.
- October 28, 2026, 9:00 a.m. CET: Switzerland releases October ZEW expectations, with the prior reading at 2.6, Radiocor reported.
- October 28, 2026, 2:00 p.m. ET: The Federal Reserve announces its interest-rate decision, followed by a press conference at 2:30 p.m. ET, Radiocor reported.
SMI price data for October 27, 2026
The SMI closed at 14,598 points on October 27, 2026, up 59 points or 0.4 percent versus the October 26 close of 14,539 points. It opened at 14,547 points. The day high was 14,609 points and the day low was 14,503 points.
SMI by the numbers on October 27, 2026
- Index: SMI
- Home exchange: SIX Swiss Exchange, Switzerland
- Close on October 27, 2026: 14,598 points
- Change versus previous close of October 26, 2026: up 59 points (up 0.4 percent)
- Previous close: 14,539 points
- Open: 14,547 points
- Day high / day low: 14,609 points / 14,503 points
- Top gainer: ABB up 2.6 percent
- Top loser: Galderma down 3.1 percent
