Swiss stocks - Factors to watch on Oct 29

Basler Kantonalbank

29/10/2014 07:29

ZURICH, Oct 29 (Reuters) - Swiss stocks were expected to 
open slightly higher on Wednesday, underpinned by Asian shares 
climbing to one-month highs and prospects the U.S. Federal 
Reserve will reaffirm its willingness to wait for an extended 
period before raising interest rates. 
    The Swiss blue-chip SMI  .SSMI  was seen opening up 0.3 
percent at 8,655 points, according to premarket indications by 
bank Julius Baer  JBPRE01 . 
    The following are some of the main factors expected to 
affect Swiss stocks on Wednesday: 
 
    VONTOBEL  VONN.S  
    Swiss bank Vontobel Holding  VONN.S  said it won 2 billion 
Swiss francs (2.11 billion US dollars) in fresh client money in 
the third quarter, and that it expects full-year earnings 
slightly over those of 2013. 
    For more, click on  VONN.S  
     
    COOP BANK  BC.S  
    Switzerland's financial regulator FINMA said on Wednesday it 
is banning the former head of Coop Bank  BC.S  from taking 
another management job in finance for the next three years, 
after the retail bank was found to have manipulated its own 
shares. 
    For more, click on 
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