Bloomberg News

Swiss Stocks Fluctuate; Syngenta Rises, Credit Suisse Falls

December 13, 2011

Dec. 13 (Bloomberg) -- Swiss stocks fluctuated between gains and losses as the government predicted a slowdown in economic growth this year and in 2012 and as investors awaited a report on U.S. retail sales growth.

Credit Suisse Group AG led losses among lenders and financial companies. Cie. Financiere Richemont and Swatch Group AG dropped at least 1 percent. Syngenta AG advanced.

The Swiss Market Index, a measure of the largest and most actively traded companies, retreated less than 0.1 percent to 5,744.91 at 10:32 a.m. in Zurich. The broader Swiss Performance Index was little changed today.

--Editor: Srinivasan Sivabalan

To contact the reporter on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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