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Swiss shares AFX at a glance outlook


Published :
Thu, 01 Mar 2007 08:54
By : Agencies
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ZURICH (AFX) - Share prices are expected to open flat with fresh losses across Asian markets offsetting last night's tentative recovery on Wall Street, dealers said.

In pre-bourse trading, the Swiss Market Index was 5.70 points higher at 8,795.40.

Yesterday, the Swiss Market Index closed down 120.10 points or 1.3 pct at 8,789.70, while the Swiss Performance Index was down 83.82 points or 1.2 pct at 6,974.44.

FORTHCOMING EVENTS

TODAY

-none

TOMORROW

-Adecco FY & Q4 results

-Gurit FY results

COMPANY NEWS

-Swiss Re posts forecast-beating FY net; announces 6 bln sfr buyback, hikes

-Swiss Re confirms financial targets

-Swiss Re FY combined ratio 90.4 pct vs 112.3 pct

-Swiss Re FY net premiums 29.515 bln sfr, up 10 pct

-Swiss Re to buy back shares worth 6 bln sfr over next 3 years

-Swiss Re FY net income 4.6 bln sfr, up 98 pct

-Synthes posts strong FY net profit, in line with consensus

-Synthes FY net 508.8 MLN USD VS 436 MLN, in line with consensus

-Synthes sees continued organic growth of at least 10 pct

-Synthes FY div 0.75 sfr vs 0.70

-Synthes FY sales 2.392 bln usd vs 2.078 bln

-Sulzer posts in-line FY results, upbeat on 2007

-Sulzer FY div 23 sfr vs 14 sfr

-Sulzer FY new orders 3.277 bln sfr vs 2.635 bln

-Sulzer FY sales 2.802 bln sfr vs 2.498 bln

-Sulzer FY ebit 297.7 mln sfr vs 184.9 mln

-Sulzer FY net 221.4 mln sfr vs 128.3 mln

MARKET SENTIMENT

-Traders expect a stabilisation on the SMI today, although trade is expected to remain volatile

afx.zurich@afxnews.com

at/rfw/jmt/jfr/jmt/abr

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited




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