Index Performance – SPI (SIX Swiss Exchange)
- Close price (10 May 2026): 18 575.4
- 52‑week high: 19 309.9 (26 Feb 2026)
- 52‑week low: 16 263.3 (3 Aug 2025)
Trading on 12 May 2026
- Morning session (09:09 UTC): The SPI opened at 18 431.52, down 0.77 % from the previous close.
- Midday (12:06 UTC): The index rose 0.02 % to 18 579.21, indicating a modest recovery.
- Overall day: The movement was largely flat, with the index fluctuating within a narrow band of approximately 150 points.
Trading on 11 May 2026
- Early Monday (09:09 UTC): The SPI opened with a small gain of 0.05 % at 18 584.17.
- Midday (12:09 UTC): A slight decline of 0.18 % brought the index to 18 541.92.
- Close (15:57 UTC): The index finished unchanged at 18 575.43, unchanged from the previous day’s close.
Contextual Factors
- European market sentiment: The Swiss market remained largely unchanged, reflecting cautious positioning amid global uncertainty.
- Global influences: Early Tuesday trading in Asian markets was mixed, with optimism from a record U.S. rally tempered by worries over rising oil prices and geopolitical tensions involving Iran.
- Commodity influence: Gains in the mining sector, particularly in London’s FTSE 100, helped support risk‑off sentiment in Europe, including the Swiss market.
Summary
The SPI exhibited limited volatility over the two trading days, oscillating between 18 431 and 18 579. The index’s 52‑week range suggests that it remains well below its recent peak yet above its low of 2025. The market’s narrow movement reflects a balance between domestic cautiousness and external influences such as U.S. equity rallies and geopolitical developments.
