Six Swiss Exchange reports higher trading activity in November

Six Swiss Exchange announced that trading activity has risen sharply in the year to date compared with the same period of 2016. Highlights include:

  • Trading turnover in the year to date: CHF 1,245.1 billion (+6.3% YoY)
  • Number of trades 47,453,956 (+8.4% YoY)
  • All-time record annual ETF turnover achieved in 2016 already broken in November 2017
  • Poenina Holding AG becomes the sixth company this year to complete its initial public offering on SIX

Trading turnover grew by 6.3% to CHF 1,245.1 billion, and the number of trades increased by 8.4% to 47,453,956. Exchange participants therefore traded securities with an average overall value of CHF 5.4 billion per trading day. At segment level, ETFs were particularly strong and reached a new all-time high: the previous all-time record high in terms of annual turnover, last year’s figure of CHF 103.8 billion, was already surpassed on 23 November.

Looking at November alone, trading activity was also up significantly month-on-month. Trading turnover rose by 6.8% to CHF 115.0 billion, and the number of trades increased by 7.8% to 4,739,010. The busiest trading day during the month was 30 November, when exchange participants traded in a total of 269,877 trades securities with an overall value of CHF 8.4 billion. The month’s highest-turnover stock was NESTLE N, while ROCHE GS was the most traded.

With the exception of bonds in foreign currencies, all trading segments posted higher turnover MoM.

The equities including funds & ETPs segment was the leading contributor to turnover. Its turnover rose by 4.2% to CHF 88.1 billion, and the number of trades reached 4,553,095 – a gain of 7.6%. Trading turnover in the CHF bonds segment was CHF 11.9 billion, an increase of 15.6%, with the number of trades also rising by 12.5% to 33,854. In ETFs, trading turnover rose sharply by 23.9% to CHF 11.2 billion. This increase was also reflected in the number of trades, which grew by 10.9% to 91,418. Turnover was also massively higher in the structured products and warrants segment, rising by 28.6% to CHF 1.6 billion. This was accompanied by an 18.5% increase in the number of trades to 59,089.

On 16 November, Poenina Holding AG become the sixth company this year to list its shares for public trading on SIX Swiss Exchange. In addition, 31 new CHF bonds (+0.0%) and 3,523 new structured products and warrants (+13.4%) were admitted to trading in November. In total, issuers have listed 254 new CHF bonds (+2.0%) and 33,347 new structured products and warrants (-0.1%) in the year to date.

The performance of the leading equity indices was as follows in November 2017: The blue chip SMI® index stood at 9,318.8 points at the end of November (+0.8% month-on-month, +13.4% in the year to date). The
SLI Swiss Leader Index® closed at 1,495.7 points (-0.6%; +15.3%), while the broader-based SPI® came in at 10,674.9 points (+0.7%; +19.1%). The SBI® AAA-BBB Total Return index was down versus October (-0.1%;
+0.0% compared with end-2016) at 136.2 points.

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