Business · Markets · 15 hrs ago
Swiss SMI rises 1.01% and closes above 14,900 points
The Swiss Market Index rose 1.01% to close at 14,946.15 points, moving back above 14,900.
The SMI tracks 20 major companies listed in Switzerland, and 16 of them ended the day higher.
Roche shares gained 2.8%, providing the strongest lift to the index, while ABB and several technology stocks also recovered.
Lower oil prices and easing tensions over Iran supported markets, after US President Donald Trump ruled out further attacks if negotiations make progress.
Traders remained cautious because of uncertainty about the effects of the Democrats’ midterm election win and possible regulation of artificial intelligence.
The SMI’s 15,000-point level came back within reach, but the account gives no forecast for what the index will do next.
Switzerland’s SMI rose 1.01% to close at 14,946.15 points, moving back above 14,900.
The index ended near its session high, with gains in 16 of its 20 stocks.
Roche shares rose 2.8% and ABB gained 2.4%, helping lift the index.
The broader SPI gained 0.97% to 21,033.26 points, while the mid-cap SMIM rose 0.64% to 3,237.19.
Lower oil prices and stronger US markets also supported investor sentiment, although traders remained cautious.
- Who
- The Swiss Market Index (SMI) and its constituent companies.
- What
- The SMI gained 1.01% and closed at 14,946.15 points, above 14,900.
- When
- 9 November 2026.
- Where
- Switzerland.
- Why
- Gains in heavyweight Roche and recovering ABB shares supported the index. Lower oil prices and firmer US markets also helped.
This story does not have two clearly opposing sides.
The Swiss stock market began the new week with a clear gain.
The SMI rose 1.01% to 14,946.15 points, closing near its session high.
- SMI close
- 14,946.15 points
- SMI daily gain
- 1.01%
- Roche share gain
- 2.8%
- ABB share gain
- 2.4%
- SPI close
- 21,033.26 points