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Swiss Market Index Sets Record During Volatile Session, Closes Lower

The benchmark fell 1.6% to 14,726 points during the morning before rebounding to a record 15,092.56.

Metal bars crest above a lower marker on a sculptural chart / TokenPost.ai
Metal bars crest above a lower marker on a sculptural chart / TokenPost.ai

The Swiss Market Index (SMI), a benchmark of 20 of Switzerland’s largest and most liquid stocks, closed below its record Friday after falling sharply earlier in the session.

The index dropped 1.6% to 14,726 points, with nearly all of its constituents declining during the morning. It later reached 15,092.56 points, setting a record.

The SMI finished at 14,967.73, down 55.12 points, or 0.37% for the day. That left it below the session high after recovering from its earlier low.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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