Zurich Stocks Mostly Higher; Swisscom Down -- Market Talk
18 Agosto 2014 - 1:40PM
Dow Jones News
1609 GMT Switzerland's SMI stocks index rises 1.04% to 8453.59.
Roche jumps 1.27% even after Japan's Chugai denies it's in buyout
talks with the Swiss pharmaceutical giant. Fellow drug giant
Novartis rises 1.60%, while Actelion, Europe's biggest biotech,
adds 1.81%. ABB climbs 0.44% after saying it had landed a contract
to install a grid connection in a big U.K. energy project. Banks
gain ground with Credit Suisse rising 0.76%; UBS, 1.46%; and Julius
Baer, 0.73%. Telecommunications giant Swisscom is the SMI's only
decliner, skidding 0.19%. (Write to Zurich bureau at
zurichdjnews@dowjones.com)
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