January 30, 2025|
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|10 months agoSwiss Stock Market Milestone: SMI Breaks 12,500 Point Barrier
The Swiss Market Index (SMI) has surpassed 12,500 points for the first time since early 2022, highlighting Switzerland's economic resilience amid global tech sector volatility.
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Generated IllustrationKey Takeaways
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- The Swiss Market Index (SMI) surpassed 12,500 points for the first time since early 2022
- The SMI rose by almost 1% during morning trading
- Of 18 trading days in 2025 so far, SMI ended positive on 16 days
- Swiss stock exchange benefited from its low technology component amid global tech sector volatility
By The Numbers
17%
Nvidia stock decline on NYSE
$589 billion
Nvidia market capitalization loss
+1.2%
Roche stock movement
+0.9%
Nestlé stock movement
They Said
"The Swiss stock exchange, with its low technology component, is one of the winners in this environment"