SIX Swiss Exchange, SWX Europe and Scoach Switzerland recorded total turnover of 184.3 billion Swiss francs in September 2008. This was 61.3% higher than in August and 1.5% up on September 2007. Total trades for the month reached their second-highest level ever, at 4,536,579 (the highest level being recorded in January 2008). Turnover for the third quarter as a whole came to 465.3 billion francs – an increase of 0.9% compared with the previous quarter's 461 billion francs. There were a total of 11,525,055 trades during the quarter. This represents a rise of 13.7% over the second quarter of 2008 and is 23.4% higher than the third quarter of 2007. The Swiss blue chip index, the SMI®, has lost 21.56% since the end of 2007, while the broader SPI® is down 19.66%. On the share price front, the SMI® declined 8.07% month-on-month to close at 6,654.9 points, while the SPI® ended September down 8.21% at 5,563.9 points.
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