Swiss Exchange Update (21 Dec 2025): SIX’s SMI Near 13,200 as Holiday Closures Loom and 2026 Forecasts Turn Cautiously Optimistic
ZURICH — 21 December 2025 — Switzerland’s stock market is heading into the final holiday‑shortened trading stretch of the year with the Swiss Market Index (SMI) still hovering near the upper end of its recent range. The benchmark closed at 13,171.85 on Friday (19 Dec), up 0.27%, with the broader SPI also slightly higher and mid-caps mixed, according to SIX market data. SIX That’s the headline number investors will carry into year‑end positioning — but the more interesting story is the one behind the tape: SIX Swiss Exchange is closing 2025 after a year of record turnover milestones, product‑market tweaks