Swiss stocks were little changed.
Swatch Group AG and Cie. Financiere Richemont SA advanced while
Novartis AG, Europe’s second-largest drugmaker, declined.
The smart money index is a way to gauge the "smart" money versus the "dumb" money. The premise is that the emotional money trades in the morning while the "smart" money waits until the last hour to trade. Most institutions place their trades...
Oops! Unable to complete your request. Please refresh your browser.
The Swiss Market Index, or SMI, comprises the 20 largest and most liquid equities in the Swiss Performance Index. It is Switzerland's benchmark index and seen to be a mirror of the overall Swiss stock market. The SMI was introduced on 30 June 1988 at a baseline value of 1,500 points. Its composition is examined once a year.