Swiss Performance Index
Encyclopedia
The Swiss Performance Index SPI is Switzerland's most closely followed performance index. It is a dividend-corrected index that includes all SWX Swiss Exchange
SWX Swiss Exchange
SIX Swiss Exchange , based in Zurich, is Switzerland's principal stock exchange . SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as stock options.The main stock market index for the SIX Swiss Exchange is the SMI, the Swiss Market Index...

-traded equity securities of companies domiciled in Switzerland or the Principality of Liechtenstein.

The underlying share universe includes approximately 230 equity issues. For a company's shares to be included, the company must be domiciled in Switzerland and the shares must have a free float equal to or greater than 20%. In 1998, all investment companies were taken out of the SPI Family and put into the specially designed Investment Index.

The SPI is divided into sectors on the basis of economic activity. This classification is based on the International Classification Benchmark ICB from Dow Jones and FTSE, which simplifies international performance comparisons significantly. Two other classification systems are used as well: classification based on market capitalisation (small, middle, large) and security category (registered shares, bearer share, participation certificates).

Paid prices are taken into account in calculating the SPI as a whole. If no paid prices are available, the index is calculated on the basis of bid prices. The index is recalculated and published every three minutes. On 1 June 1987, the SPI was standardised at 1000 points.

Static data

ISIN-Code CH0009987501
Valor number 998750
Symbol SXGE
Reuters
Reuters
Reuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...

 RIC
.SSHI
Bloomberg
Bloomberg Terminal
The Bloomberg Terminal is a computer system provided by Bloomberg L.P. that enables financial professionals to access the Bloomberg Professional service through which users can monitor and analyze real-time financial market data movements and place trades on the electronic trading platform...

Ticker
SPI

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