The following is a list of companies whose shares may have unusual price changes in Zurich. Stock symbols are in parentheses after company names. Share prices are from the last close.
The Swiss Market Index of the biggest and most actively traded companies fell 0.7 percent to 6,440.90 in Zurich. The broader Swiss Performance Index slipped 0.5 percent to 5,784.12.
Mobilezone Holding AG (MOB SW): Switzerland’s second-largest mobile phone retailer’s Chief Executive Officer Martin Lehmann said sales developments over the past months were “strong,” SonntagsZeitung reported. The shares were unchanged at 10.5 Swiss francs.
Roche Holding AG (ROG VX): The drugmaker’s experimental schizophrenia medicine RG1678 reduced symptoms and a new treatment for a kind of blood cancer “showed promising response rates,” mid-stage studies found. Separately, its MabThera medicine helped keep a common form of blood cancer at bay without the need for additional therapy, a study found. The shares slipped 0.7 percent to 138.4 francs.
Winterthur Technologie AG (WTGN SW): 3M Co., the maker of Scotch tape and optical films used to brighten TV screens, agreed to buy the maker of abrasive belts and wheels for $448 million to expand in abrasive and grinding tools. The shares jumped 3.6 percent to 58 francs.