Swiss stocks - Factors to watch on Nov 11

2009年 11月 11日 星期三 15:14 BJT
 

ZURICH, Nov 11 (Reuters) - Swiss shares were seen opening higher on Wednesday following positive signs from U.S. and Asian markets.

The blue chip SMI index .SSMI was expected to open 19 points higher at 6,389 points, according to pre-market data from bank Clariden Leu CLPRE.

Shares in Holcim were seen up 2.6 percent after its third-quarter earnings beat forecasts, while Swiss Life was seen gaining 1.9 percent on its nine-month figures CLPRE2.

The following are some of the main factors expected to affect Swiss stocks on Wednesday:

BANKS, INSURERS (UBSN.VX: 行情) (CSGN.VX: 行情)

Switzerland's biggest banks and insurers will have to adhere to new compensation rules requiring them to defer the bulk of managers' bonuses and to strictly align pay to performance, Swiss regulators said on Wednesday.

For more, click on [ID:nLB99563]

SWISS LIFE (SLHN.VX: 行情)

Swiss Life said on Wednesday premiums fell 3 percent in the first nine months of 2009, narrowly beating forecasts, as subsidiary AWD returned to operational profitability in the third quarter.

For related news, click on [SLHN.VX]

HOLCIM (HOLN.VX: 行情)

Holcim (HOLN.VX: 行情), the world's second largest cement maker, sees government stimulus programmes helping the North American market return to growth in the second half of 2010, but still sees tough conditions in Europe.

For related news, click on [HOLN.VX]

LOGITECH (LOGN.VX: 行情)

* Logitech, the world's largest computer mouse maker, is buying privately held LifeSize Communications for $405 million, bolstering its position in the video communication market.

* Logitech holds investor day   待续

 
 

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