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Swiss Market Index

Blue-chip stock market index of Switzerland

The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends.2 It is headquartered in Zurich.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jun 30, 1988Founded1

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Swiss Market Index
Photo: Jashuah, CC BY-SA 3.0, via Wikimedia Commons4

The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends.2

The story

Historical values

The following table shows the annual development of the Swiss Market Index since 1988.

Milestones

The following table shows historic milestones of the Swiss Market Index. Latest seen values are not final: parentheses indicate that the value can be seen again while the bull market persists; italic indicates that the value will be seen again if we reenter a bear market (markets drop by 20%); Other values may be seen again in case of a crash (assuming a threshold of -50%).

To keep the scale logarithmic, it uses increments similar to exchange ticks: 1 between 5 and 10, 2 between 10 and 20, 5 between 20 and 50, 10 between 50 and 100, etc.

From Wikipedia’s article on Swiss Market Index, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. Jun 30, 1988Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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