Swiss Stock Exchange turnover rises over 15 per cent in January 2020
Trading turnover on the Swiss Stock Exchange was up +15.2% on the previous month in January 2020
Trading turnover on the Swiss Stock Exchange was up +15.2% on the previous month in January 2020 and reached CHF128.1bn.
The number of transactions on the stock exchange increased by +24.8% to 6,150,285. In comparison with the corresponding period last year, trading turnover was up by +7.6%, while the number of trades rose by +26.1%.
The SMI rose by +0.1% and reached 10,627.9 points at the end of January.
The highest turnover on a single trading day was recorded on 17 January 2020, which saw securities worth a total volume of CHF7.8bn changing hands. The highest number of trades was recorded on 27 January, with 346,934 transactions.
The stock that generated the highest turnover during the reporting month was NOVARTIS N with CHF13.5bn; it was also the most traded stock with 362,306 transactions.
In products with crypto currencies as underlyings, trading turnover in January 2020 reached CHF56.9 million, an increase of +256% over the previous month.
The number of trades in January reached 2,252 which corresponds to an increase of +145% over the previous month. Currently, investors have a choice of products on seven different crypto currencies as well as on several baskets of crypto currencies. The product with the highest turnover, ZXBTAV, has Bitcoin as an underlying.