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In March 2013, daily turnover on SIX Swiss Exchange and Scoach Switzerland averaged CHF 4.5 billion (+6.7% versus February), with 141,128 trades being conducted each day (+4.1%). Turnover has totaled CHF 265.0 billion since the start of the year, which equates to growth of 4.8% versus the first three months of the previous year. The number of trades rose by 0.3% to 8,481,510.
The first quarter of 2013 saw growth in the equities including funds + ETPs segment in particular. This area now also includes the sponsored funds trading segment, which was launched in March as part of the "over the exchange" initiative. Conventional investment funds can now be traded on the stock exchange like equities or bonds, for example. In an increase on the first quarter of 2012 of 0.9%, turnover of CHF 187.3 billion was generated from 7,881,490 trades (+10.4%) in this segment. The ETF segment also exhibited clear growth. The number of ETF transactions rose by 7.3% to 235,937, with turnover up by 9.4% to CHF 23.0 billion. However, turnover declined in the structured products and warrants (-18.8% to CHF 7.7 billion) and bonds CHF (-10.5% to CHF 46.6 billion) segments.
In March, a total of 2,822,551 trades (+4.1% versus February) were conducted, generating turnover of CHF 89.9 billion (+6.7%). In the equities including funds + ETPs segment, trading turnover increased by 12.5% to CHF 67.0 billion, with the number of trades up by 4.5% to 2,630,977. In structured products and warrants, turnover was up by 6.1% to CHF 2.7 billion and the number of trades increased by 1.4% to 76,020. However, activity declined in the ETFs and bonds CHF segments. Trading turnover in ETFs fell by 17.1% to CHF 6.5 billion, and the volume of trades was down by 4.7% to 73,001. In bonds CHF, turnover dropped by 4.6% to CHF 13.5 billion, and the number of trades fell by 2.0% to 40,520.
26 new bond CHF issues (-27.8%) and 3,286 new structured products and warrants (-11.1%) were admitted to trading in March. In all, this means that 78 new bonds CHF (-13.3%) and 11,620 new structured products and warrants (-9.6%) have been listed since the start of the year.
The most relevant equity indices trended higher in March 2013: the blue chip SMI® index closed the month at 7,813.7 points (+2.9% compared with the prior month, +14.5% versus end-2012), the SLI Swiss Leader Index® PR came in at 1,171.2 points (+1.4% month-on-month, +12.9% versus end-2012) and the broaderbased SPI® stood at 7,243.5 points (+3.1% versus the previous month, +15.2% compared with end-2012).
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