Swiss stocks - Factors to watch on July 9

Wed Jul 9, 2014 2:25am EDT
 
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ZURICH, July 9 (Reuters) - Swiss stocks were seen opening flat on Wednesday, with many investors awaiting the minutes of the U.S. Federal Reserve's last policy meeting for clues on when interest rates may rise.

The Swiss blue-chip SMI was seen opening virtually unchanged at 8,556 points, according to premarket indications by bank Julius Baer.

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

NESTLE

L'Oreal finalised the buyback of an 8 percent stake in the French cosmetics giant from the Swiss food group Nestle, the two firms said.

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COMPANY STATEMENTS   Continued...