What is the SMI Index? A Guide to the Swiss Market Index
The Swiss Market Index (SMI), introduced in 1988 with a base value of 1,500 points, is Switzerland's most important and widely followed stock market index. It tracks the performance of the 20 largest and most liquid blue-chip stocks listed on the SIX Swiss Exchange, providing a strong indicator of the Swiss economy's health. This guide explains what is the SMI index, its composition, and its significance for investors.