ZURICH, Oct 12 (Reuters) - Swiss stocks were expected to open slightly lower on Friday, in line with other European bourses as uncertainty about Spain's debt crisis and earnings season gloom kept a lid on risk appetite.
The Swiss blue-chip SMI
was seen falling 0.2 percent, according to premarket indications from bank Julius Baer
.
The following are some of the main factors expected to affect Swiss stocks on Friday:
NOVARTIS Swiss drugmaker Novartis
said on Friday its multiple sclerosis drug Gilenya showed "significant early effect" in reducing brain volume loss at six months, according to a new analysis of two late-stage studies.
For related news, click on: COMPANY STATEMENTS * SGS acquires Australian Radiation Services Pty. Ltd, in Melbourne, Australia. * Sulzer
said order intake rose 12.3 percent in the first nine months of the year to 2.97 billion Swiss francs, driven by its major pump acquisition.
* Dufry
plans to issue U.S. dollar denominated Senior Notes with a target deal size of approximately $500 million.
* Carlo Gavazzi
posted first-half sales of 69 million Swiss francs and said it had been adversely affected by lower demand in Spain and Italy.
* Elma Group said revenue fell 7.5 percent in the first nine months of the year to 83.3 million Swiss francs. ECONOMY
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