SMI loses 22 points as Roche weighs at midday
Published on 10/22/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and afternoon dates
- At 12:32 p.m. CEST on October 22, 2026, the SMI stood at 14,531 points, down 22 points or 0.1 percent.
- Roche fell 1.0 percent after keeping its full-year outlook unchanged.
- Galderma led the SMI with a 5.9 percent gain.
- Holcim and Sika are scheduled to report third-quarter results on October 23, 2026.
The SMI stood at 14,531 points at 12:32 p.m. CEST on October 22, 2026, down 22 points or 0.1 percent. Roche fell 1.0 percent after keeping its full-year outlook unchanged, according to Swissinfo.
Galderma led the index with a 5.9 percent gain after raising its full-year sales outlook. Nestle gained 1.8 percent after stronger-than-expected organic growth, while ABB fell 3.3 percent.
Why is the SMI down today?
Roche's shares weakened despite third-quarter revenue of CHF 16.1 billion, above the CHF 15.8 billion analyst forecast. Investors focused on the company's decision not to raise its full-year guidance, Swissinfo reports.
Brent crude traded above USD 111, adding to inflation concerns. Swissquote analyst Ipek Ozkardeskaya also pointed to weaker Nasdaq futures and widening European bond spreads, Zonebourse reports.
Winners and losers in the SMI
The following midday moves were reported by Cash:
- Galderma up 5.9 percent: stronger sales and higher full-year guidance.
- Nestle up 1.8 percent: quarterly growth exceeded analyst expectations.
- Novartis up 0.3 percent.
- ABB down 3.3 percent.
- Roche down 1.0 percent: unchanged full-year guidance weighed on the shares.
- UBS down 1.6 percent.
Twelve SMI members were lower and eight were higher near midday. The index opened at 14,537 points after closing at 14,552 points on October 21, 2026.
SMI range stays narrow after the open
The SMI reached an October 22 high of 14,534 points and a low of 14,511 points. Its midday level was 22 points below the previous close and six points below the open.
What comes next for the SMI
Holcim and Sika are scheduled to publish third-quarter results on October 23, 2026, according to the Swiss earnings calendar at Cash.
SMI price data for October 22, 2026
The SMI stood at 14,531 points at 12:32 p.m. CEST on October 22, 2026, according to MarketScreener. It was down 22 points or 0.1 percent from the October 21 close of 14,552 points. The index opened at 14,537 points, with a high of 14,534 points and a low of 14,511 points.
SMI by the numbers on October 22, 2026
- Index: SMI
- Home exchange: SIX Swiss Exchange, Switzerland
- Level at 12:32 p.m. CEST on October 22, 2026: 14,531 points
- Change versus previous close of October 21, 2026: down 22 points (down 0.1 percent)
- Previous close: 14,552 points
- Open: 14,537 points
- Day high / day low: 14,534 points / 14,511 points
- Top gainer: Galderma up 5.9 percent
- Top loser: ABB down 3.3 percent
- Next scheduled event: October 23, 2026: Holcim and Sika third-quarter results
