Glossary

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SMI Expanded

The SMI Expanded combines the SMI and SMIM indices and includes the 50 most highly capitalised stocks in the Swiss equity market. It covers roughly 95% of the market capitalisation of Switzerland’s freely tradable corporate stock and is calculated both as a performance and price index.

The SMI Expanded was standardised as at 31 December 1999 with a baseline value of 1000 for the performance index and 100 points for the price index; it was formally introduced on 15 November 2004. To enhance tradability and comparability with other indices, the price index was pegged at 1000 on 2 August 2005, retroactive to 31.12.1999.

See alsoSMI - Swiss Market IndexSMI MIDIndex
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