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Swiss shares AFX at a glance outlook


Published :
Tue, 06 Mar 2007 08:48
By : Agencies
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ZURICH (AFX) - Share prices are expected to open higher following a strong recovery across Asian markets and amid some positive corporate news in Switzerland, dealers said.

In pre-bourse trading, the Swiss Market Index was 54.50 points up at 8,731.40.

Yesterday, the Swiss Market Index closed 121.85 points or 1.4 pct lower at 8,676.86, and the Swiss Performance Index was down 100.18 points or 1.4 pct at 6,877.09.

FORTHCOMING EVENTS

TODAY

-none

TUESDAY

-Swiss Feb unemployment

TODAY'S PRESS

-

COMPANY NEWS

-Novartis receives FDA approval for blood pressure drug Tekturna

-ABB sells building systems business in Germany to WISAG for undisclosed price

-SIG FY net profit rises more than 50 pct, strong outlook

-Von Roll FY net profit up sharply, hikes mid-term targets

-Roche says US FDA accepts 2 diagnostics HPV tests for review

-Swiss fashion retailer Charles Voegele confirms FY guidance

MACROECONOMIC NEWS

-Swiss Q4 GDP grows more slowly than expected

MARKET SENTIMENT

-Traders expect a volatile trading session amid an ongoing global sell-off and with little corporate news in Switzerland to spark buying interest

afx.zurich@afxnews.com

jmt/jlc/jmt/gp

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.




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