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Swiss shares AFX at a glance outlook


Published :
Wed, 07 Feb 2007 08:48
By : Agencies
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ZURICH (AFX) - Share prices are expected to open slightly higher, tracking overnight gains on Wall Street, traders said.

In pre-bourse trading, the Swiss Market Index was 25.60 points higher at 9,291.80, with Roche expected to open down slightly on profit-taking, even though full year results were in-line with forecasts.

Yesterday, the Swiss Market Index closed 8.22 points higher at 9,266.16, and the Swiss Performance Index was up 6.70 points at 7,346.91.

FORTHCOMING EVENTS

TODAY

-Roche FY results press conference, Basel

TOMORROW

-WMH FY sales

-Nobel Biocare FY results

-Julius Baer FY results

-Mirconas FY results

-Syngenta FY results

-Swiss Jan CPI

TODAY'S PRESS

-none

COMPANY NEWS

-Roche FY net 9.171 bln sfr, up 34 pct yr-on-yr

-Roche FY Opg 11.73 bln sfr

-Roche FY sales 42.041 bln sfr, up 17 pct yr-on-yr

-Roche FY div 3.40 sfr vs 2.50 sfr

-Roche FY pharma sales up 21 pct

-Roche FY diagnostics sales up 5 pct

-Roche sees above-mkt sales growth in both pharma, diagnostics divisions

-Roche sees double-digit sales growth for group and pharma division in 2007

-Straumann FY net beats forecasts; sees 17-18 pct sales growth in 2007; ups div

-Lonza closes acquisition of Cambrex Bio-businesses

MACROECONOMIC NEWS

-Swiss Jan unemployment remains unchanged at 3.3 pct

MARKET SENTIMENT

-A raft of earnings results this week, starting with Roche and Straumann today, are likely to significantly boost investor activity

afx.zurich@afxnews.com

at/gp

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Copyright AFX News Limited 2006. 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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