SMI, CH0009980894

SMI closes 0.62 percent higher as oil and yields ease

Published on 10/06/2026 at 21:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The SMI closed at 13,788.93 points after oil prices and bond yields eased, while Amrize and UBS led gains; Fed minutes are due Wednesday.

SMI, CH0009980894, Illustration mit AI erstellt.
SMI, CH0009980894, Illustration mit AI erstellt.

The SMI closed at 13,788.93 points at 5:31 p.m. CEST on October 6, 2026, gaining 0.62 percent from Monday's close as lower oil prices and bond yields lifted European equities, according to finanzen.ch.

Course of the session

The index opened at 13,781.93 points, after closing at 13,703.53 points on October 5, according to finanzen.ch. It reached an intraday high of 13,903.62 points and a low of 13,738.91 points before ending below the day's peak.

Drivers and single stocks

Lower crude prices and falling European bond yields supported the broader market. Brent crude fell to USD 97.06 before recovering some ground, while reports of stronger Middle Eastern exports and a G7 emergency stockpile release eased supply concerns.

Amrize rose 1.70 percent, while Kuehne + Nagel, Holcim and UBS gained between 1.3 percent and 1.5 percent. Swisscom was the weakest major decliner, falling 2.2 percent; VAT Group lost 1.6 percent. The day's stock performance was documented by finanzen.ch.

What is next

The next session will include Switzerland's scheduled foreign-exchange-reserves release and the Federal Reserve's minutes from its September 15-16 meeting. The minutes are due Wednesday, October 7, at 2:00 p.m. ET, or 8:00 p.m. CEST, according to the Federal Reserve.

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