SMI gains 41 points at midday as Sandoz leads healthcare gains

Published on 10/26/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMI gains 0.3 percent to 14,503 points at midday as lower oil prices and easing yields support healthcare stocks before Novartis earnings Tuesday.

Healthcare shares lead gains

SMI stood at 14,503 points at 12:09 p.m. CET on October 26, up 41 points or 0.3 percent.
Lower oil prices and easing bond yields supported the SMI as Brent traded at USD 114.9.
Sandoz led SMI gainers with a 2.0 percent rise, while Sika fell 2.0 percent.
SMI trading resumes October 27, 2026, at 9:00 a.m. CET; Novartis earnings are due Tuesday.

SMI, CH0009980894, Illustration mit AI erstellt.

The SMI stood at 14,503 points at 12:09 p.m. CET on October 26, up 41 points or 0.3 percent. Lower oil prices and easing bond yields supported Swiss equities, cash reported.

Sandoz led the index with a 2.0 percent gain. Sika fell 2.0 percent after investors continued to take profits following Friday's quarterly results, while Novartis weakened on mixed remibrutinib data.

Why is the SMI up at midday?

Brent crude traded at USD 114.9, down 1.5 percent, while the US 10-year yield moved below 5 percent. The retreat in oil prices and bond yields helped the broader European recovery, Zonebourse reported.

German Ifo business climate data also showed a small improvement to 90.0 from 89.9. Investors are also watching central-bank decisions from the Federal Reserve and European Central Bank later this week.

SMI winners and losers on Monday

These winners and losers were listed at 12:09 p.m. CET by SIX data carried by finanzen.ch:

Sandoz up 2.0 percent: healthcare shares attracted demand.
Roche up 1.4 percent: investors reacted to positive drug-study updates.
Geberit up 1.4 percent.
Sika down 2.0 percent: profit-taking followed Friday's quarterly results.
Logitech down 0.9 percent.
Nestle down 0.6 percent.

Healthcare led the advance, with 11 SMI members higher and seven lower at 11:00 a.m. CET. The SMI had opened at 14,472 points, after closing at 14,462 points on October 23. Its intraday high was 14,523 points and its low was 14,462 points.

What comes next for the SMI

October 27, 2026, 9:00 a.m. CET: SMI trading resumes; Novartis is scheduled to release quarterly earnings on Tuesday, cash reported.
October 28, 2026: The Federal Reserve is scheduled to announce its policy decision during a week of major central-bank meetings, Saxo Bank said.

SMI price data for October 26, 2026

The SMI was at 14,503 points at 12:09 p.m. CET on October 26, up 41 points or 0.3 percent from 14,462 points on October 23, finanzen.ch reported. The index opened at 14,472 points and traded between 14,523 points and 14,462 points.

SMI by the numbers on October 26, 2026

Index: SMI
Home exchange: SIX Swiss Exchange, Switzerland
Level at 12:09 p.m. CET on October 26, 2026: 14,503 points
Change versus previous close of October 23, 2026: up 41 points (up 0.3 percent)
Previous close: 14,462 points
Open: 14,472 points
Day high / day low: 14,523 points / 14,462 points
Top gainer: Sandoz up 2.0 percent
Top loser: Sika down 2.0 percent
Next scheduled event: October 27, 2026, 9:00 a.m. CET: SMI trading resumes