SIX Swiss Exchange Posts 16.1% MoM Decrease in Trading Turnover in October 2022

The SIX Swiss Exchange (SIX), Europe's 3rd biggest stock exchange, has released its trading key figures in October 2022, seeing significant decrease in its trading turnover on a MoM basis.

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• Trading turnover reached CHF 79.3 billion, 16.1% less than in the previous month. 

• Number of trades was 4,717,648, decreasing by 2.9% on MoM.

• SMI® index came in at 10,827.9 points at the end of October, increasing 5.5% on a MoM basis. 

• During the first ten months of the year 2022, trading turnover on SIX Swiss Exchange reached a total of CHF 1,035.0 billion, 3.1% less than in the corresponding period in 2021, while the number of transactions was 0.9% lower with a total of 52,135,512.

• The highest turnover on a single trading day was recorded on 4 October, which saw securities worth a total volume of CHF 4.6 billion changing hands. The highest number of trades was recorded on 14 October, with 270,075.

• The stock that generated the highest turnover during the reporting month was NESTLE N with CHF 7.2 billion; NOVARTIS N was the most traded stock with 295,637 transactions.

• In October, products with crypto currencies as underlyings reached a trading turnover of CHF 68.8 million. In total, 173 products were traded and 4,751 transactions concluded. The highest turnover was recorded by ABTC, an ETP on Bitcoin, with CHF 15.2 million; the most transactions were recorded by AETH, an ETP on Ethereum, with 928 trades.