- Trading turnover in the first half of 2017 up by 5.3% year-on-year to CHF 723.6 billion. Average trading turnover per day of CHF 5.8 billion
- Increase in the number of trades in the first half of 2017 of 2.1% versus the prior year to 25,943,274
- Equity and bond indices have made gains in the year to date
- Three new companies listed, with Idorsia Ltd the most recent new entrant in June
Trading turnover across all the securities traded on SIX Swiss Exchange totaled CHF 723.6 billion in the first half of 2017, which represents an increase of 5.3% on the corresponding period last year. The average trading turnover per day therefore came in at CHF 5.8 billion. The number of transactions also increased: 25,943,274 trades were conducted in total, a rise of 2.1% on the first half of 2016.
The equities including funds + ETPs and ETFs segments were the main contributors to this rise. The non- CHF bonds segment saw the biggest increases, with turnover up 44.3% and a rise of 17.5% in the number of trades. Conversely, turnover and the number of trades fell in the CHF bonds and structured products and warrants segments.
In the first six months of 2017, 141 new CHF bonds (+3.7%) and 17,886 new structured products and warrants (-3.5%) were admitted to trading. In addition, three companies were listed on SIX Swiss Exchange, including Idorsia Ltd in June.
Following a strong month in May, trading activity decreased overall in June. A total of 4,402,812 trades were conducted with a turnover of CHF 121.3 billion. This marked a fall of 10.2% on the previous month. Turnover was down 8.4%. The performance of the equities including funds + ETPs segment was as follows: with a total of 4,235,340, transactions were down 10.2% on the previous month, while turnover dropped by 7.2% to CHF 97.5 billion. Trading turnover in the ETFs segment fell by 17.5% to CHF 9.2 billion, with the number of transactions down 13.9% to 85,170. As far as structured products and warrants are concerned, turnover dropped by 26.8% to CHF 1.3 billion. In addition, the number of trades was down 12.6%. The number of CHF bond trades rose by 1.4%, though turnover fell by 2.7% to CHF 11.1 billion.
The performance of the most important equity indices was as follows in June 2017: the blue chip SMI® index stood at 8,906.9 points at the end of June (-1.2% month-on-month, +8.4% versus end-2016). The SLI Swiss Leader Index® ended the month at 1,404.2 points (-0.9%/+8.2%), with the broader-based SPI® coming in at 10,128.3 points (-1.2%/+13.0%). The SBI® AAA-BBB Total Return index was down versus May (-0.8%/- 0.3% compared with end-2016) at 135.8 points.
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