Swisscom stock rises after the SMI shift for investors tracking Switzerland's large caps
Published on 10/03/2026 at 23:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Swisscom stock (ISIN CH0008742519) was last at CHF 639 on SIX on October 2, 2026, up 1.19 percent from the previous session's CHF 631.50. The latest index change gives the telecom operator a different benchmark position as it moves from the SMI into the SMIM.
SMI exit changes the benchmark
On September 21, 2026, dpa-AFX reported that Swisscom would leave the Swiss Market Index and join the SMI Mid. The SMIM contains 30 large and liquid mid-cap companies that are outside the SMI, so the change affects index classification rather than Swisscom's operating business.
The move also places Swisscom alongside a group of companies ranked below the SMI's blue-chip constituents by the index methodology. For investors, that distinction matters because benchmark membership provides a clearer reference point for comparing the stock with Switzerland's mid-cap universe.
Price sits below the yearly high
Swisscom traded between CHF 629 and CHF 640 on October 2, 2026, with volume of 58,178 shares. Its CHF 639 price was CHF 88 below the 52-week high of CHF 727, a 12.1 percent gap, while the stock remained CHF 94 above the 52-week low of CHF 545.
The market capitalization was CHF 33.1 billion on October 2, 2026. The daily gain of CHF 7.50, equivalent to 1.19 percent against CHF 631.50, gives the session a measurable counterpoint to the longer distance from the yearly high.
Q2 figures date to June 30
Swisscom's investor-relations page identifies Q2 2026 as the reporting block and states that its key figures are valid as of June 30, 2026, under IFRS accounting standards, according to Swisscom. That period is the latest operating reference presented on the page, keeping the index story separate from the company's reported business figures.
Swisscom operates telecommunications and information-technology activities across Switzerland and Italy, including mobile, fixed-line, broadband, television, cloud and cybersecurity services, as described by MarketBeat. The combination of a CHF 33.1 billion market value and a 12.1 percent gap to the 52-week high frames the stock as a large telecom holding now tracked through the SMIM rather than the SMI.
Swisscom stock keeps its SIX reference
Swisscom stock was last at CHF 639 on SIX on October 2, 2026 at 5:30 p.m. CEST, with the session change at plus 1.19 percent. The reference quote remains the SIX listing in Swiss francs.
Swisscom stock at a glance
- Company: Swisscom AG
- ISIN: CH0008742519
- Ticker: SCMN
- Trading venue: SIX
- Price (as of October 2, 2026, 5:30 p.m. CEST): CHF 639
- Market capitalization: CHF 33.1 billion (as of October 2, 2026)
- 52-week range: CHF 545-727 (as of October 2, 2026)
- Sector / Industry: Communication Services / Diversified Telecommunication Services
- Index membership: SMI Mid
