SMI slips 0.29% to 15,106.12 points on Friday close
Published on 11/13/2026 at 18:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSMI ends week lower
- The SMI fell 0.29 percent to 15,106.12 points on Friday, November 13, 2026.
- The index traded between 15,037.34 and 15,130.68 points during the session.
- Richemont, Sandoz and Galderma were among the weakest SMI constituents, while Alcon, Nestlé and Swiss Life gained.
The Swiss Market Index ended Friday, November 13, 2026, at 15,106.12 points, down 43.31 points or 0.29 percent from Thursday's close of 15,149.43 points. The figures and the session range were reported by finanzen.ch.
SMI trades in a narrow range
The index opened at 15,107.95 points, already 0.274 percent below the previous close. It moved to a high of 15,130.68 points and a low of 15,037.34 points before ending in negative territory. The decline followed Thursday's 0.63 percent gain, when the SMI reached a record intraday high of 15,200.17 points before closing at 15,149.43.
Richemont weighs on luxury segment
Richemont shares fell 3.80 percent, making the Cartier owner one of the weakest SMI constituents. Yahoo Finance reported that first-half net profit rose to 2.5 billion euros from 1.8 billion euros a year earlier, but jewelry sales growth of 14 percent fell short of the 16 percent expected in an RBC poll. The Middle East, particularly the United Arab Emirates, was a weak spot in the jewelry business.
Alcon and insurers provide support
Several defensive and healthcare-related names advanced. Alcon gained 1.79 percent, Nestlé rose 1.33 percent, Swiss Life added 0.93 percent, Zurich Insurance climbed 0.71 percent and Swiss Re advanced 0.66 percent. On the negative side, Sandoz dropped 2.65 percent, Galderma lost 1.54 percent, Sika declined 1.01 percent and Holcim fell 0.96 percent, according to finanzen.ch.
Global backdrop remains unsettled
Investors also faced a challenging international backdrop. LGT pointed to uncertainty surrounding Nvidia's leadership change, higher oil prices and expectations of additional US interest-rate increases. Those themes remained relevant for risk sentiment as European markets moved toward the weekend.
