Business · Markets · 1 hr ago
Swiss stocks rise at the start of the week
Swiss shares started Monday higher, with the main SMI index up about 0.3% shortly after trading began.
Sixteen of the index’s 20 companies rose, led by UBS, Holcim and Partners Group.
The Swiss market had also gained more than 1% on Friday, and slightly calmer bond markets supported the start of the new week.
Roche and Novartis were among the rising shares; Roche had released new data over the weekend on a drug being studied for swelling in the centre of the retina.
In the broader market, EvoNext rose after announcing plans to merge with sports technology company Ascend, while Idorsia gained after new data on its blood pressure drug.
Centiel shares fell after the company issued a sharp profit warning.
The market had few major company announcements on Monday, but third-quarter earnings reports are due to begin this week, including results from Swiss companies Givaudan, Lonza and VAT, as well as major US banks.
Swiss shares started Monday higher, with the SMI up about 0.3% shortly after trading began.
Sixteen of the 20 SMI stocks were in positive territory.
UBS, Holcim and Partners Group led the SMI’s gainers.
The mid-cap SMIM index rose 0.2%.
Investors were also looking ahead to the start of third-quarter earnings reports this week.
- Who
- Swiss share prices and the SMI.
- What
- The market opened higher, with the SMI up about 0.3%.
- When
- Monday, October 12, 2026, shortly after trading began.
- Where
- Switzerland.
- Why
- The article points to some easing in bond markets and the SMI’s strong performance on Friday; it does not state a single cause for Monday’s rise.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
The SMI rose by more than 1%.
The Swiss market opened higher, with the SMI up about 0.3% shortly after trading began.
Third-quarter earnings reporting was due to begin, with Swiss companies including Givaudan, Lonza and VAT in focus.
- SMI
- Up about 0.3% at 13,822 points shortly after trading began
- SMI stocks
- 16 of 20 were higher
- Leading gainers
- UBS +0.8%; Holcim +0.5%; Partners Group +0.5%
- SMIM
- Up 0.2%
- Biggest listed declines
- Centiel -11.3%; Sika -0.3%; Geberit -0.2%
Sources
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