Swiss stocks - Factors to watch on June 19 - Reuters Swiss stocks - Factors to watch on June 19 - Reuters

Tuesday, June 19, 2012

Swiss stocks - Factors to watch on June 19 - Reuters

Swiss stocks - Factors to watch on June 19 - Reuters

Tue Jun 19, 2012 2:08am EDT

Swiss stocks were seen little changed on Tuesday, as concerns about the Spanish banking system overshadowed a relief rally following the Greek election.

The blue-chip SMI was indicated 0.1 percent up at 5,943 points, pre-market indications from Julius Baer showed .

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


Swiss private bank Julius Baer confirmed on Tuesday it is in preliminary talks with Bank of America Corp over its non-U.S. wealth management operations.

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Swiss drugmaker Roche said on Tuesday it planned to work together with Seaside Therapeutics develop treatments targeting the molecular basis for autism spectrum disorders and fragile X syndrome.

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Pharmaceutical companies including GlaxoSmithKline PLC and Novartis AG will get government grants to help develop medicines against pandemics and bioterrorist threats, the U.S. government said on Monday.

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* ADB Group <ADBN.S. reports adoption of all resolutions at its Annual General Meeting of Shareholders

* Phoenix Mecano to repurchase own shares


RPT-Euro, stocks fall briefly after weak German ZEW survey - Reuters

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