SIX Swiss Exchange Posts Slight Decrease in Trading Turnover in 2022

The SIX Swiss Exchange (SIX), Europe's 3rd biggest stock exchange, has released its trading key figures in 2022, showing slight weak comparing to figures of 2021.

In 2022, the trading turnover of the exchange reached CHF 1,208.1 billion, down 5.8% comparing to CHF 1,282.4 billion in the previous year, while the number of transactions decreased from last year's 62,665,033 to 60,810,665, down 3.0%.

At the beginning of the year, the Swiss blue chip index SMI® almost crossed the 13,000 point mark, peaking at the all-time high of 12,997.2 points on 3 January 2022. This was followed by a substantial decline to 10,010.8 points on 13 October. At the end of 2022, the SMI stood at 10,729.4 points, a decrease of 16.7% versus the end of 2021.

In 2022, the security with the highest trading turnover on SIX Swiss Exchange was NESTLE N with CHF 110.8 billion (2021: NESTLE N with CHF 111.4 billion), while NOVARTIS N was the most traded security with 3,589,785 transactions (2021: ROCHE GS with 3,584,226).

The highest monthly trading turnover was registered in March 2022, with CHF 152.1 billion. The highest number of transactions in a single month was also recorded in March 2022, with 7,644,128. The highest turnover on a single trading day was recorded on 18 March 2022, with CHF 12.1 billion. The highest number of trades was recorded on 7 March 2022, with 541,922.  

Jos Dijsselhof, CEO of SIX, commented on the performance: "We had a good year overall, despite the challenging environment. We have consequently developed our offering and services in line with the changing needs of our clients and the market globally. This allowed us to welcome fourteen new companies to our exchange, in the main and SME segments as well as the first listings of Chinese companies in the GDRs segment, which we launched in summer. We also introduced new trading products which boosted client demand in a transformed market environment."