SMI gains 220 points as Alcon leads Swiss shares higher
Published on 10/15/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInflation and defensive shares
- SMI gained 220 points, or 1.6 percent, to 14,350 points on October 15, 2026.
- Swiss producer prices rose 0.3 percent in September, below the 0.6 percent forecast.
- Alcon gained 3.3 percent, while ABB fell 3.4 percent among SMI components.
- Eurozone inflation is due October 16, 2026, at 11:00 a.m. CEST.
The SMI gained 220 points, or 1.6 percent, to 14,350 points on October 15, 2026. The index finished at the day's high as investors assessed Swiss producer prices and softer bond yields, finanzen.ch reported.
Alcon was among the strongest SMI stocks, rising 3.3 percent. ABB fell 3.4 percent, while the market extended its advance to a fifth session.
Why did the SMI rise today?
Switzerland's producer and import price index rose 0.3 percent in September. Economists had expected a 0.6 percent increase after a 0.7 percent rise in August, RTTNews reported.
Defensive healthcare and food shares also attracted demand after the latest US inflation data. Roche and Lonza led the sector rotation, according to Saxo Bank.
Winners and losers in the SMI
Closing stock figures compiled by finanzen.ch showed the following moves:
- Alcon up 3.3 percent
- Lonza Group up 3.1 percent
- Givaudan up 2.9 percent
- ABB down 3.4 percent
- Holcim down 0.4 percent
- UBS Group down 0.1 percent
The SMI finished at the session high
Retail, luxury, pharmaceutical and industrial shares supported European markets. Technology stocks lagged as investors questioned the returns from artificial-intelligence investment, finanzen.ch reported.
Brent crude traded at USD 105.9, down 0.2 percent, while gold rose 1.3 percent to USD 4,157. The US 10-year yield fell below 5.11 percent after its post-inflation-data jump, Saxo Bank said.
What comes next for the SMI
- October 16, 2026, 11:00 a.m. CEST: Eurozone final consumer inflation is expected at 3.8 percent year over year, ActionForex shows.
- October 16, 2026, 5:30 a.m. CEST: Federal Reserve Chair Kevin Warsh is scheduled to speak, Finobird reports.
