QUOTE AND NEWS
Bloomberg  Jun 24  Comment 
Swiss stocks were little changed. Swatch Group AG and Cie. Financiere Richemont SA advanced while Novartis AG, Europe’s second-largest drugmaker, declined.
Bloomberg  Jun 11  Comment 
The rally in global stocks prompted by investor expectations for an economic recovery is leaving Switzerland behind.
THE PRAGMATIC CAPITALIST  Feb 11  Comment 
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...
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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.

About 57 percent of the SMI is made up of food and health-care stocks. Nestle makes up 22 percent of the index. Novartis AG (NVS) and Roche Pharmaceuticals (RHHBY) together make up 33% of the index.

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