European Market Updates

Swiss Stocks Tick Down On Greece, Earnings

The Swiss stock market is showing slight weakness in mid-day trading on Thursday.

With the talks over a Greek debt plan dragging on, investors have turned cautious. There is also trepidation ahead of the policy announcements from the ECB and Bank of England.

The benchmark SMI is down 0.06 percent to 6,151.89. The SLI has slipped 0.05 percent to 939.84. The SPI has declined 0.05 percent to 5,580.74.

Credit Suisse is losing ground on the session, falling by 2.9 percent. The bank announced a loss for the fourth quarter due to weakness at its investment banking arm.

Shares of Nobel Biocare are down 12.9 percent. Financial results from the dental implant maker came in below expectations.

by RTTNews Staff Writer

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