Thu, 14 Nov 2013 15:13:07 GMT
Swiss shares increase after Fed's comments
Shares in Switzerland rose, snapping a two-day retreat for the Swiss Market Index, after Fed's Chairman nominee Janet Yellen, stated that the U.S. economy must grow before scaling back its monetary stimulus. The SMI gained 0.7% to 8,299.84 as of 9:26 a.m. Zurich time and it is set for the best performance yearly since 2006 as the index has jumped