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Brightbridge Wealth Management Headlines: Swiss Stocks Rise; Syngenta, UBS, Bucher Shares Climb in Z
Brightbridge Wealth Management Headlines: Swiss Stocks Rise; Syngenta, UBS, Bucher Shares Climb in Z
Syngenta AG, the Basel, Switzerland-based pesticides maker, climbed 1.7 percent. UBS AG added 0.8 percent.
Zurich,
Zurich,
Switzerland
(prbd.net)
06/06/2011
Matthias Wabl Wednesday, May 18, 2011
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/05/18/bloomberg1376-LLDUBC07SXKX01-5T4ABHND0DCIKH9I8EI1OVMDOD.DTL
May 18 (Bloomberg) — Swiss stocks advanced, led by gains in chemicals companies and banks.
Syngenta AG, the Basel, Switzerland-based pesticides maker, climbed 1.7 percent. UBS AG added 0.8 percent.
The Swiss Market Index of the biggest and most actively traded companies rose 0.5 percent to 6,527.16 at 10:28 a.m. in Zurich. The benchmark has rallied 8.4 percent since March 16 as company earnings exceeded estimates. The broader Swiss Performance Index increased 0.5 percent.
Syngenta added 1.7 percent to 292.5 Swiss francs after announcing the launch of Vibrance, a seed treatment fungicide based on the new active ingredient sedaxane.
UBS, Switzerland’s largest bank, increased 0.8 percent to 16.25 francs, its first gain in six days.
Bucher Industries AG rose 1.6 percent to 209.3 francs. The agricultural machinery maker said its Kuhn Group unit has a licensing and manufacturing agreement with Deere & Co. to cooperate on large square balers.
“The strategic cooperation with the world’s leading farm equipment producer underpins Kuhn’s product and manufacturing strengths in farming,” Fabian Haecki, an analyst at Vontobel Holding AG, wrote in a note to clients today.
Dufry Group climbed 1 percent to 109.6 francs after surging 6.7 percent yesterday.
About
Brightbridge is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.
Brightbridge is manager of -- or principal advisor to -- private equity funds covering Asia, Latin America, Europe, Africa, and the Islamic countries that span the globe from North Africa through the Middle East and into Asia. These funds represent aggregate capit
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