SMI rises 0.46 percent to 14,864 points in midday trading
Published on 11/09/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSMI rises into the European afternoon
- The SMI stood at 14,864.33 points at 12:13:49 Berlin time on November 9, 2026, up 0.46 percent from Friday's close.
- Roche, ABB, Sandoz, Sika and Lonza led the advance, while Swiss Re, Richemont and Amrize lagged.
- Lower oil prices, easing bond yields and a rebound in technology sentiment supported European equities.
The SMI advanced on Monday as Swiss equities recovered from the previous session's broad retreat. At 12:13:49 Berlin time on November 9, the index stood at 14,864.33 points, an increase of 67.83 points or 0.46 percent from Friday's close of 14,796.50 points. The figure is an intraday reading, not a closing level.
The SMI is Switzerland's leading blue-chip index and comprises the 20 largest and most liquid equities from the SPI, according to SIX.
Defensive leaders support the rebound
Healthcare and industrial names provided much of the upward momentum in the midday snapshot. Roche was up 1.67 percent, ABB gained 1.52 percent, Sandoz rose 1.41 percent, Sika advanced 1.24 percent and Lonza added 1.21 percent. The strongest decliners were Swiss Re, down 2.04 percent, Richemont, down 1.59 percent, and Amrize, down 1.18 percent. Nestle and Zurich Insurance also traded slightly lower.
The market had started cautiously: the SMI opened at 14,786.06 points, briefly fell to 14,777.55 and later reached an intraday high of 14,865.48 points. These levels and the constituent moves were reported by finanzen.ch.
Oil and yields shape European sentiment
Monday's wider European recovery followed a difficult Friday, when the SMI fell 1.14 percent amid concerns about technology valuations and the wider AI trade. Softer bond yields and weaker oil prices helped improve risk sentiment at the start of the new week. A market report from finanzen.ch also pointed to expectations surrounding upcoming central-bank speeches, US inflation data and regional growth figures.
Investors should distinguish the current rebound from a confirmed change in trend. The index remained below its record high of 15,092.56 points reached earlier in the year, while the day's trading range showed that sentiment was still unsettled. The SMI's next direction will depend in part on whether gains in defensive and industrial leaders broaden across the constituent base.
Further SMI coverage is available on the SMI topic page.
