SMI (Swiss Market Index)

The SMI, or Swiss Market Index, comprises the 20 largest and most liquid stocks listed on the SIX Swiss Exchange. It acts as a key indicator of the overall performance of the Swiss stock market. The index covers a range of sectors, providing a comprehensive view of the Swiss economy's health. The SMI's composition is reviewed periodically, ensuring it accurately reflects the market dynamics. It's a market capitalization-weighted index, meaning companies with higher market caps exert more influence on the index's movements.