Swiss stocks – Factors to watch on April 28

ZURICH, April 28 (BestGrowthStock) – Swiss shares are set to drop on
Wednesday after downgrades of Greece and Portugal’s credit
ratings raised fears the euro zone’s debt problems are
spreading.

The Swiss blue-chip index SMI(.SSMI: ) was indicated to fall
43 points to 6,622 points, premarket data provided by bank
Clariden Leu showed.(CLPRE: )

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

NOBEL BIOCARE (NOBN.VX: )

Swiss dental implant maker Nobel Biocare (NOBN.VX: ) trailed
rivals with an unexpected drop in its first-quarter sales as
patients still shy away from the more complex and expensive
treatments the group focuses on.

For related news, click on [NOBN.VX]

NOVARTIS (NOVN.VX: )

Alcon’s (ACL.N: ) independent director committee repeated on
Tuesday that the Novartis offer to buy out its minority
shareholders of the eye care company was grossly inadequate.

For related news, click on [NOVN.VX]

ANALYSIS

ADECCO (ADEN.VX: )

Shares in the world’s top staffing firms, including
Switzerland’s Adecco, could outpace smaller rivals thanks to a
surge in demand for blue collar workers, some analysts say.
[ID:nLDE63Q12E]

For related news, click on [ADEN.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS[CNR-CH]

* Basilea’s(BSLN.S: ) Toctino included in expert consensus for
management of chronic hand eczema in France [BASLN.S]

* Syngenta (SYNN.VX: ) Syngenta and Embrapa establish
multi-crop partnership to advance solutions for Brazilian
growers [SYNN.VX]

* Myriad (MYRN.S: ) 2009 Result [MYRN.S]

* Siegfried (SFZN.S: ) appoints Wolfgang Wienand head of
research and development [SFZN.S]

* Kardex (KARN.S: ) General Meeting follows proposals of the
Board of Directors [KARN.S]

* Vontobel (VONN.S: ) shareholders approve all proposals at
AGM [VONN.S]

* Publigroup (PUBN.S: ) AGM approves all Board proposals
[PUBN.S]

EQUITY RESEARCH [CH-RCH]

* Deutsche Bank started its coverage of Petroplus (PPHN.VX: )
with a hold rating, traders said.

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

(.EX.S: ) for all Swiss stocks

(.EXSMI.S: ) for blue chips

(.EXNSMI.S: ) for other stocks

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Swiss stocks – Factors to watch on April 28