Swiss shares AFX at a glance outlook |
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Published
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Tue, 03 Apr 2007 07:52
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ZURICH (AFX) - Swiss share prices are expected to open flat today, following a small positive close on Wall Street yesterday and reflecting a dearth of market moving news in Switzerland, traders said.In pre-bourse trading, the Swiss Market Index was up 13.30 points at 8,970.97.Yesterday, the Swiss Market Index closed 20.68 points lower at 8,956.31, while the Swiss Performance Index dropped 10.42 points to 7,173.11.FORTHCOMING EVENTSTOMORROW-Givaudan, Q1 salesCOMPANY NEWS-Swiss Re FY embedded value 22.6 bln sfr, up 13 pct-Barry Callebaut H1 net profit up 11.1 pct at 125.2 mln sfr-Barry Callebaut H1 sales up 4.1 pct at 2.3 bln sfr-Barry Callebaut H1 net profit rises as sales outpace global chocolate market-OC Oerlikon buys laser technology business SiLas-ABB says 79 pct of 2010 convertible bond converted into shares-Galenica FY net beats forecasts, higher div; plans major investmentsMACROECONOMIC NEWS-Swiss March CPI up 0.1 pct vs Feb, up 0.2 pct yr-on-yrMARKET NEWS/SENTIMENTIn pre-market trading:-Swiss Life upgraded to 'overweight' vs 'neutral' at JP Morgan-Swatch cut to 'neutral' from 'overweight' at HSBC, target 340 sfr vs 300 sfrafx.zurich@afxnews.comat/ic/jmt/jfrCOPYRIGHTCopyright 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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GE dumps shares of Swiss Re 