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Tag Archive: SMI Swiss Market Index

SMI set to end 2016 in negative territory

2016-12-31

2016-12-31

In the last week of the year, the Swiss Market Index deepened its loss for the year as banks continued lower on low trading volumes. The SMI is set to end 2016 with an annual loss of 6.8% as banking and pharmaceutical giants pulled the index down in a year of turbulent trading. A volatile 2016 started with a brutal equity sell off as investors dumped global stocks on fears of an accelerating economic slowdown in China. The Brexit vote in June...

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Sentiment appears positive as investors close their books for the year

2016-12-23

2016-12-23

SMI vs. MSCI World, December 23

Ahead of the Christmas break, trading volumes were thin this week amid a lack of new market catalysts. Swiss and European equities were generally unchanged through the week, tracking global stock markets. Overall, sentiment appears to be positive as investors close their books for the year.

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December rally continues this week for SMI

2016-12-16

2016-12-16

SMI vs. MSCI World Week, December 16

2016’s December rally continued this week as Swiss and European equities outperformed global stocks. The US dollar continued to surge after the Federal Reserve increased interest rates for only the second time in a decade on Wednesday.

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Uncertainty prevails everywhere, says Draghi, but apparently investors don’t mind

2016-12-09

2016-12-09

SMI vs. MSCI World, December 09

According to European Central Bank President Mario Draghi “uncertainty prevails everywhere” but apparently investors don’t mind. Market participants shrugged off last weekends “no” to constitutional reform in Italy and the subsequent resignation of Prime Minister Matteo Renzi to push European indices to 12 month highs this week.

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Swiss stock market awaits result of Italian referendum

2016-12-02

2016-12-02

SMI vs. MSCI World Week, December 02

Investors appear to be staying on the sidelines this week ahead of the weekend’s Italian referendum. Swiss stocks are set to finish the week lower, underperforming global equities as food giant Nestle and pharmaceutical heavyweights Roche and Novartis drag the index down. It’s been a volatile trading week across financial markets. Oil prices jumped almost 9% on Wednesday after OPEC members finally agreed a deal to cut production while upbeat US...

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Swiss stocks down as the US dollar hits decade high

2016-11-25

2016-11-25

SMI vs. MSCI World Week November 25

Swiss pharmaceutical and luxury goods giants pulled the Swiss Market Index (SMI) down again this week as investors dropped large cap firms. Global stocks however continued to rise, along with energy prices, on the promise of Trump’s reflationary administration. The US dollar headed further up, reaching decade highs.

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SMI up on post Trump rally

2016-11-18

2016-11-18

SMI vs. MSCI World

Swiss stocks continued to rise this week, in line with other global stocks thanks to a strong performance from financials which gained as investors weighted the prospects of higher interest rates in the US.

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SMI: Trump win boosts pharma and financials

2016-11-12

2016-11-12

SMI vs. MSCI World Week November 11

A rally in pharmaceutical and banking shares helped boost the Swiss Market Index this week as investors weighed the prospect of a Trump’ presidency in the United States. Stocks in the healthcare sector jumped after Donald Trump’s victory as drug pricing reforms, proposed by Hillary Clinton, are now unlikely to materialize.

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Pharma giants drag SMI stocks down

2016-10-28

2016-10-28

A weak performance from Swiss pharma giants pulled the Swiss Market Index down again this week after investors dropped stocks in the sector on lackluster earnings reports. The peripheral European stocks and Japan managed to buck the trend this week, global stock markets remain under pressure in the run up to US election.

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Swiss Markets Review: SMI underperforms global stocks

2016-10-21

2016-10-21

The Swiss Market Index is set to finish the week largely unchanged while global stocks gain on positive US third quarter earnings results, favourable central bank statements and a rallying oil price. The S&P 500 saw its biggest advance since September on Wednesday after US banking giants Citigroup, JP Morgan, Morgan Stanley and Wells Fargo all posted better-than-expected quarterly results.

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Global stocks at lowest levels since July

2016-10-14

2016-10-14

The Swiss Market Index is set to finish the week lower, but outperforming global stocks, thanks to a strong week of luxury good stocks. Global stocks fell to their lowest levels since July on Thursday as investors rushed to the safety of government bonds, yen and gold after renewed concerns over weakness in the Chinese economy and as the Federal Reserve considers raising interest rates.

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World markets rally as cheap money policy continues

2016-09-23

2016-09-23

The Swiss Market Index is set to finish the week notably higher, although under-performing global stocks amid optimism that central banks will continue to support equities by keeping interest rates at historic lows and providing markets with additional liquidity.

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Swiss stocks drop on volatility spike

2016-09-16

2016-09-16

SMI vs. MSCI World

The Swiss Market Index is set to finish the week notably weaker along with global equity markets as fears around global monetary policy hit sentiment ahead of key meetings by the Bank of Japan and US Federal Reserve next week. The SMI did manage to outperform its European peers thanks to its heavy weighting towards more defensive pharmaceuticals and consumer staples sectors.

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Swiss stocks fluctuate as central bank decisions dominate the landscape

2016-09-09

2016-09-09

The Swiss Market Index, along with other European markets, fluctuated this week as central bank decisions dominated the landscape. Equity markets advanced at the beginning of the week as chances of the Federal Reserve raising US interest rates later this month declined after a surprisingly weak report on the US service-sector earlier this week.

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European and Swiss stocks higher on bank rally

2016-09-03

2016-09-03

SMI vs. MSCI World Week September 2

The Swiss Market Index, along with other European markets, is trading slightly higher this week after financials rallied on merger and acquisition rumors and hopes for improved growth. European banks, the industry group battered the most so far this year, lead gains after it emerged that Deutsche Bank AG and Commerzbank AG executives held talks about a potential merger in early August this year.

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Swiss market lower this week as US stocks reach new record highs

2016-08-20

2016-08-20

The Swiss Market Index is set to close lower this week underperforming global equities as US stocks reached new record highs and emerging markets outperformed on a weaker dollar. Oil also made further gains this week as investors bet that talks between OPEC members and other producers may result in action to stabilise the market in the coming weeks.

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Credit Suisse dropped from index as european markets feel pressure after bank stress tests

2016-08-05

2016-08-05

The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis.

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Swiss stock market rally loses momentum

2016-07-30

2016-07-30

The Swiss Market Index and global stock markets failed to extend last week’s rally after the Federal Reserve and Bank of Japan left rates unchanged and gave mixed messages about the global economic outlook.

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Swiss stocks higher on stimulus bet

2016-07-15

2016-07-15

The Swiss Market Index (SMI) is set to finish this week higher tracking equity market gains around the world as investors begin to anticipate a new wave of economic stimulus from central banks.

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Post-Brexit relief rally fading – Swiss quality stocks as safe haven

2016-07-08

2016-07-08

The SMI is set to post moderate losses this week as the post-Brexit relief rally faded and commodities slipped. Swiss stocks outperformed key European markets as investor’s fled to quality stocks such as Nestlé, Novartis and Roche.

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