Business · Markets · 8 hrs ago
Swiss stocks edge lower after four-day rise, but post strong weekly gain
Swiss shares slipped slightly on Friday after rising for four days in a row.
The SMI, the main Swiss stock index, closed down 0.29% at 15,106.12 points, while the broader SPI fell 0.25%.
The SMI still gained 2.1% for the week, extending a steady rise that has lasted since early October apart from the first week of November.
US inflation figures offered little new direction, while rising bond yields revived concerns about inflation and interest rates.
Richemont fell 3.8% after results, as analysts pointed to weaker-than-expected growth in its jewellery business; Nestlé rose 1.3% and helped limit the market’s decline.
Attention turns next week to Nvidia’s results and Anthropic’s planned stock market listing, amid uncertainty over US technology restrictions on trade with China.
Swiss stocks edged lower on Friday after four consecutive days of gains.
The SMI fell 0.29% to 15,106.12 points.
Despite the decline, the index gained 2.1% over the week.
The SMI had reached a record high of 15,200 on Thursday and remained above 15,000.
Richemont fell 3.8% after its half-year results, while Alcon rose 1.8%.
- Who
- Swiss stock market investors and companies traded on the Swiss market.
- What
- The SMI slipped 0.29% after four days of gains but ended the week up 2.1%.
- When
- Friday, November 13, 2026.
- Where
- Switzerland.
- Why
- The market took a pause after its recent rise. US inflation data offered no fresh impetus, while higher bond yields renewed attention to inflation and interest-rate concerns.
This story does not have two clearly opposing sides.
The SMI reached a new record high of 15,200 points.
The SMI fell 0.29% to 15,106.12 points after four consecutive days of gains.
The SMI closed the week 2.1% higher.
- SMI Friday close
- 15,106.12 points, down 0.29%
- Weekly SMI change
- Up 2.1%
- Record high
- 15,200 points on Thursday
- SPI Friday close
- 21,257.73 points, down 0.25%
- SMIM Friday close
- 3,272.10 points, up 0.10%
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