Reuters: Swiss stocks - Factors to watch on April 28
ZURICH, April 28 | Thu Apr 28, 2011 2:06am EDT
(Reuters) - Swiss stocks are set to open higher on Thursday, in line with European markets expected to track gains on Wall Street after the U.S. Federal Reserve signalled it would not raise interest rates any time soon.
The Swiss blue-chip index SMI .SSMI was indicated to rise 46 points to 6,520 points, premarket data provided by bank Clariden Leu showed.CLPRE
The following are some of the main factors expected to affect Swiss stocks on Thursday:
Avastin, a cancer drug made by Roche, was about as effective as the company's far more expensive eye drug Lucentis at preventing vision loss in people with age-related macular degeneration, The New York Times reported on Wednesday.
For related news click on [ROG.VX]
Logitech International, the world's largest computer mouse maker, on Wednesday reported a steep quarterly profit drop and predicted a rise in sales this year... (continues)