Swiss Stock Market Today, November 18, 2025: SMI Slips as Roche Soars, ABB, Zurich and ams-Osram Drag the Index
The Swiss Market Index (SMI) traded lower on November 18, 2025, as global risk-off sentiment weighed on cyclicals and financials. Roche surged on breakthrough breast cancer data, while ABB, Zurich Insurance and ams-Osram fell after major investor updates and earnings news Market overview: SMI lower despite a powerful Roche rally The Swiss stock market opened in reverse gear on Tuesday as global equity selling spilled into Zurich. By 09:10 CET, the Swiss Market Index (SMI) was down around 0.3% at 12,565 points, after opening roughly 0.4% weaker near 12,560 compared with Monday’s close of 12,597.82. finanzen.ch+1 Selling pressure persisted into late morning: around 10:40