The 2022 stock market year can be safely described as “challenging”. At the end of 2021, the Swiss Market Index (SMI) was still at an all-time high and the 2021 stock market year was classified as a “best”. But this year has been marked by the war in Ukraine, inflation, skyrocketing interest rates and economic weakness. As a result, many stocks have undergone a significant bearish correction.
Shortly before the end of the year, the SMI, which represented 20 “blue chips” (large corporate high-yield campaigns), was 16 percent lower than a year ago. The Swiss Performance Index (SPI), which includes 217 companies, has also lost 16 percent since the beginning of the year. This means that SMI and SPI are significantly worse than various other stock market indices.
Analyzing “cash”, apart from valuation adjustments and ending high profit expectations, there is hardly any sector that is not affected by inflation except for commodities. And although markets have rebounded recently, a year-end rally in 2022 is unlikely. The interest rate decisions of the central banks and the continuation of the rise in interest rates have had a negative impact on the markets recently. “Given the fundamental data, we still see risks to equities to the downside,” he said in a Credit Suisse comment.
Who is at the top of SMI?
But there are also companies that perform well. Two weeks before the end of the year, SMI shows four companies with positive price returns. high passenger Zurich Insurance with an increase of about 10 percent and a dividend yield of 4.5 percent. Pharmaceutical company trails on second podium Novartis with a price return of just under 5 percent. And cement manufacturers are still in the dark holcim and bench UBS.
their rival CreditSuisse As expected, the crash pilot at SMI with a price loss of more than 66 percent. Due to the uncertain future, no sustained recovery is expected for CS stock. Also with more than 40 percent negative price return (as of 16 December 2022), the sanitary ware manufacturer is the private market investment firm Partners Group. Geberitchemical and pharmaceutical company lonza and specialty chemicals company Sika bad there.
Who is at the top of SPI?
SPI has building technology company Meier-Tobler Group Absolute high flying with a plus of over 115 percent. The energy transition, which has increased the demand for air conditioning technology, has certainly paid off here. So is the solar company’s good performance Meyer Burger (+47 percent) can be explained. The construction services company is also cutting very strongly implenni decreased by about 87 percent. The result for semiconductor component suppliers is also notable, with almost 56 percent plus. u-blox.
The social network is currently at the bottom of the list Talent House More than 97 percent decline and health-focused female biopharmaceutical company obseva The process crashed after an application for approval for a product in the US was rejected. As of mid-December, the company’s negative share price was over 92 percent.