SMI closes 0.4 percent higher as Givaudan surges
Published on 10/13/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDefensive shares support SMI
- SMI finished at 13,928 points on October 13, 2026, up 50 points or 0.4 percent.
- Givaudan jumped 9.4 percent after stronger third-quarter growth beat analyst expectations.
- Alcon was the weakest SMI stock, down 1.9 percent at the close.
- U.S. CPI is due October 14, 2026, at 2:30 p.m. CEST, with 3.6 percent expected.
The SMI gained 50 points, or 0.4 percent, to 13,928 points on October 13, 2026. Defensive heavyweights helped the index hold its advance after European technology shares weakened, finanzen.net reported.
Givaudan was the standout mover, rising 9.4 percent after stronger third-quarter growth beat analyst expectations, cash.ch reported. Roche, Nestle and Novartis also helped support the benchmark early in the session.
Why did the SMI hold its gain?
The index briefly reclaimed 14,000 points before retreating. The SMI benefited from gains in defensive heavyweights, while technology weakness limited the advance, t-online reported.
Oil traded near USD 105.30 during the morning, down from the previous session, as Swiss stocks opened higher. The opening report also identified weaker technology shares as a drag on the wider market.
Winners and losers in the SMI
Winners and losers at the close according to finanzen.net:
- Givaudan up 9.4 percent: third-quarter growth exceeded analyst expectations.
- Logitech up 3.0 percent.
- Geberit up 1.9 percent.
- Alcon down 1.9 percent.
- Lonza down 1.3 percent.
- Amrize down 1.3 percent.
SMI range and yearly balance
The SMI opened at 13,956 points after closing at 13,878 points on October 12. It reached 14,067 points at the high and 13,909 points at the low before ending at 13,928 points, finanzen.net reported.
The index was up 5.1 percent for 2026. Its 2026 high stood at 14,670 points, compared with a low of 12,054 points, according to the same market data.
What comes next for the SMI
The next major external signal arrives on October 14, 2026, at 2:30 p.m. CEST, when U.S. consumer-price data are scheduled. The headline annual rate is expected at 3.6 percent, against 3.4 percent previously, xfx.ai shows.
