NOVN.SW Novartis (SIX) -4.49% to CHF108.50 on 09 Jan 2026: intraday volume rise

NOVN.SW stock opened lower and trades at CHF108.50 after a -4.49% intraday drop on the SIX exchange on 09 Jan 2026. Volume is elevated at 3,223,316 shares versus a 3-month average of 2,920,972, making Novartis the most active name on the Swiss market right now. The move follows profit-taking after a 2025 rally and rising short-term momentum readings. We assess the intraday flow, fundamentals including PE 19.61 and EPS 5.80, and key price levels traders are watching.