SMI closes 0.11 percent higher at 15,053.86 points on November 11, 2026
Published on 11/11/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSMI closes above 15000 points
- The SMI finished Wednesday, November 11, 2026, at 15,053.86 points, up 0.11 percent.
- Technology shares and gains in Logitech, ABB and other cyclical names supported the market.
- Declines in Novartis, Nestle and Alcon limited the blue-chip index's advance.
The Swiss Market Index (SMI) ended Wednesday, November 11, 2026, at 15,053.86 points, gaining 15.92 points or 0.11 percent from Tuesday's close of 15,037.94 points. The closing level kept Switzerland's blue-chip benchmark above the psychologically important 15,000-point mark.
The close was reported by finanzen.ch, citing AWP. The report was published at 18:15 Berlin time after the SIX session had ended. The SMI is the price index of the 20 largest and most liquid stocks in the Swiss equity market, according to SIX.
Technology recovery supports Swiss shares
Market sentiment was helped by a recovery in technology stocks. According to the AWP report, results from data-center developer CoreWeave eased some concerns about the outlook for artificial-intelligence-related businesses. Logitech rose 4.0 percent, while ABB gained 2.5 percent. Semiconductor-related shares outside the SMI, including VAT, Comet and AMS Osram, also posted strong gains, underlining the broader technology rebound.
The wider Swiss market outperformed the SMI. The SMIM mid-cap index rose 0.67 percent to 3,259.11 points, while the broad SPI gained 0.24 percent to 21,194.70 points. Other European benchmarks advanced more strongly, and US markets were also higher later in the day, with the technology-heavy Nasdaq up by more than 2 percent at the time of the report.
Heavyweights curb the advance
Several large SMI constituents held back the index. Novartis fell 1.3 percent as traders pointed to concerns about possible side effects associated with its Zolgensma gene therapy. Nestle declined 0.6 percent. Alcon was the weakest SMI constituent, falling 3.9 percent after its results, with analysts criticizing the company's third-quarter revenue development. Swiss Life also lost 1.5 percent after its interim update, as its Swiss Solvency Test ratio reportedly fell short of expectations.
The day's gains therefore reflected a mixed market rather than a broad-based surge across all SMI sectors. Investors continued to weigh improving appetite for technology shares against concerns about persistent inflation, possible further US interest-rate increases and somewhat higher oil prices. The next session's company-specific focus includes an update from Zurich, which gained 0.2 percent on Wednesday.
More coverage of the SMI is available in the dedicated topic section.
