SMI | SIX Swiss Exchange: SMI | Currency: CHF | Type: Index
Key Statistics
About SMI
The Swiss Market Index (SMI) contains the 20 largest, most liquid stocks on the SIX Swiss Exchange and covers the bulk of Swiss market capitalisation. It is unusually concentrated: Nestlé, Novartis and Roche together account for roughly half the index weight, tilting it toward defensive consumer and healthcare exposure. The index is quoted in Swiss francs, itself a traditional safe-haven currency.
Instrument Details
| Provider | SIX Swiss Exchange |
| Ticker | SMI |
| Exchange / Market | SIX Swiss Exchange |
| Instrument type | Index |
| Quote currency | CHF |
History & Index Methodology
SMI is calculated in real time from the prices of its constituent stocks, typically weighted by free-float market capitalisation so that larger, more liquid companies carry more influence. The constituent list is reviewed periodically by the index provider, with companies added or removed based on size, liquidity and listing criteria. Long-run index history lets analysts compare today's level against decades of market cycles.
Index maintained by: SIX Swiss Exchange
Trading Hours
SMI trades its exchange's regular session, Monday to Friday. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).
How to Read SMI
Watch SMI's level against its previous close for the day's direction, and against the 50-day and 200-day moving averages for the medium-term trend. A print near the top of the 52-week range with rising volume is often read as momentum by market participants, while repeated failures at the same level mark resistance. Breadth — how many constituents rise versus fall — shows whether a move is broad-based or driven by a few heavyweights.
52-week range: 11,867.89 – 14,669.51. Trailing 12-month change: 16.92%.