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Swiss shares AFX at a glance outlook


Published :
Tue, 23 Jan 2007 09:00
By : Agencies
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ZURICH (AFX) - Share prices are expected to open flat after significant losses before the market close yesterday with investors awaiting fresh impulses from corporate news and the US market, dealers said.

In pre-bourse trade, the Swiss Market Index was up 2.90 points at 9,105.00.

Yesterday, the Swiss Market Index closed 52.97 points down at 9,102.15, and the Swiss Performance Index was 32.21 points lower at 7,200.17.

FORTHCOMING EVENTS

TOMORROW

-Lonza FY results

-World Economic Forum (WEF) starts in Davos, through to Jan 28

COMPANY NEWS

-Schlatter FY sales 197 mln sfr, CEO Lucas Grolimund to step down in April

-Lindt & Spruengli FY sales up 15 pct at 2.59 bln sfr

-Lindt & Spruengli see 2006 profit, EBIT growing ahead of sales

-Richemont Q3 sales up 10 pct, slightly short of expectations

-Sia Abrasives FY sales up 8 pct at 282 mln sfr; sees EBIT margin of 10-12 pct

-Schulthess FY sales up 66 pct at 306 mln sfr, outlook positive

afx.zurich@afxnews.com

at/jfr/amb/jmt/har/jmt/jlw

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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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