- Seven companies completed listings
- Trading turnover CHF 1,477.1 billion (+8.5% year-on-year)
- Record trading turnover in ETFs of CHF 124.7 billion (+24.0%, year-on-year)
- Swiss blue chip index SMI® at 10,616.9 points (+26.0% versus the end of 2018)
On the occasion of the completed 2019 stock market year, Jos Dijsselhof, CEO SIX, sums up, "We again welcomed several global players to our exchange in 2019. We had a total of seven company listings. At CHF 3.1 billion overall, the transaction volume was the fourth largest on a European exchange."
At CHF 4.2 billion, the market capitalization of the Stadler Rail initial public offering (IPO) was the largest at SIX and one of the largest in Europe. Other listings by Medacta, Alcon, Aluflexpack, SoftwareONE, Achiko Limited and Novavest Real Estate show that SIX provides access to an attractive capital market for international companies of various sizes from different sectors.
Additional capital of over CHF 71 billion was raised through bonds, highlighting the outstanding liquidity and considerable funding capacity offered by SIX. New listings in the ETF segment reached a total of 186 in 2019. This meant that 1,541 ETFs from 25 issuers were tradeable at the end of the year. The bonds segment saw 358 new listings (+15.1%), with a total of 42,401 in the structured products segment (+7.8%)
Increased Trading Activity
As far as trading activity is concerned, SIX is looking back on a year characterized by high levels of trading activity on the world’s financial markets and the EU’s decision on equivalence. Trading in Swiss shares was consolidated without any difficulty from July 2019 and the highly efficient infrastructure provided by SIX was able to process the additional volume smoothly.
Year-on-year, trading turnover on the Swiss Stock Exchange increased by +8.5%, reaching CHF 1,477.1 billion by the end of 2019. The number of trades rose as well, climbing by +6.1% to a total of 64,008,204 transactions.
The day with the highest trading turnover was 10 September 2019 with CHF 13.4 billion. Most trades on a single day were executed on 2 August 2019, with 458,940. As in the previous year, the security with the highest trading turnover on the Swiss Stock Exchange was NESTLE N at CHF 134.8 billion, while NOVARTIS N was the most traded security with 3,497,367 transactions.