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SPI Market Update: Wednesday’s Trading Results and Top Stocks in the SPI

On Wednesday, at 12:06 p.m. via SIX, the SPI was 0.17 percent lower at 14,922.54 points. The market value of the values ​​included is therefore 1,950 trillion. Euro. Previously, the SPI fell 0.124 percent lower at 14,929.22 points in Wednesday trading, after 14,947.78 points the previous day.

The SPI reached its daily high today at 14,945.25 units, while the stock market barometer’s lowest level was 14,907.59 points.

This is how the SPI moves over the course of the year

Since the beginning of the week, the SPI has recorded a gain of 1.01 percent. A month ago, SIX trading was suspended for the weekend. On the previous trading day, January 19, 2024, the SPI traded at 14,520.58 points. The SPI stood at 14,154.90 points just three months ago, on November 21, 2023. A year ago, on February 21, 2023, the SPI reached a level of 14,504.65 points.

Since the beginning of 2024, the index has already risen by 2.42 percent. The SPI annual high is currently 14,971.76 points. The annual low, however, is 14,455.60 points.

SPI promoted and relegated teams

The top stocks in the SPI are currently ObsEva (+ 13.28 percent to 0.07 CHF), CI Com SA (+ 10.77 percent to 1.44 CHF), OC Oerlikon (+ 7.09 percent to 4.47 CHF), HOCHDORF (+ 6.16 percent to 15.50 CHF) and ASMALLWORLD (+ 6.08 percent to 1.57 CHF). Meanwhile, Spexis (-17.25 percent to 0.17 CHF), Kudelski (-13.28 percent to 1.60 CHF), SHL Telemedicine (-8.18 percent to 5.05 CHF), Molecular Partners (-4.15 percent to 3.82 CHF) and Groupe Minoteries SA are trading weaker in the SPI (-3.79 percent to 254.00 CHF).

These SPI stocks have the highest market capitalization

The trading volume of Meyer Burger shares is currently at its highest in the SPI. 4,015,356 shares were recently traded on the home stock exchange. Nestlé shares currently have the largest market capitalization in the SPI at EUR 270,948 billion.

Fundamentals of SPI members in focus

According to FactSet estimates, Orascom Development shares have the lowest price-to-earnings ratio (P/E) in the SPI this year. A P/E ratio of 4.91 is expected here. At 7.29 percent, the dividend yield of mobilezone shares in 2024 is expected to be the strongest among the stocks in the index, according to FactSet estimates.

Editorial team finanzen.ch

2024-02-21 23:29:20
#Losses #Zurich #SPI #posts #losses #midday

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