Swiss stocks - Factors to watch on June 3
ZURICH, June 3 (Reuters) - Swiss shares were expected to open almost flat on Wednesday as European equities take stock after hitting a five month high in the previous session.
The blue chip SMI index .SSMI was expected to open 13 points higher at 5,445 points, according to pre-market data from bank Clariden Leu CLPRE.
The following are some of the main factors expected to affect Swiss stocks on Wednesday:
ADECCO (ADEN.VX)
There are no signs of any sustainable stabilisation in the world's staffing markets, the chairman of Adecco, the world's largest staffing company, was quoted as saying on Wednesday.
For related news click on [ADEN.VX]
NOVARTIS (NOVN.VX)
The Swiss drugmaker said on Tuesday it has launched a seven-year 1.5 billion euro bond issue with a coupon of 4.25 percent.
For related news click on [NOVN.VX]
SWISS RE (RUKN.VX)
The world's second-largest reinsurer, has sold a $100 million catastrophe bond covering exposures ceded to it by property-casualty insurer Ace Limited (ACE.N), investors said on Tuesday.
For related news click on [ID:nL2051923]



