Actelion to join the SMI (Swiss Market Index)
As a blue-chip index, the SMI is Switzerland's key equity index. It represents about 85% of the free-float capitalization of the Swiss equity market. The SMI comprises the 20 largest and most liquid equities of the SPI® (Swiss Performance Index®). Since the SMI is considered to be a mirror of the overall Swiss stock market, it is used as the underlying index for numerous derivative financial instruments such as options, futures and index funds (e.g. ETFs).
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