"European markets look set to see modest downside"
- Chris Weston, an institutional trader at IG Markets
Swiss stocks advanced on Friday.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies added 0.34% to 6,475.94. The broader Swiss Performance Index rose 0.24%.
"European markets look set to see modest downside," said Chris Weston, an institutional trader at IG Markets in Melbourne.
"The focus clearly turns to the meeting between Angela Merkel, Francois Hollande and Antonis Samaras, where it seems the French and German leaders will try and coordinate a response and encourage the Greek to pursue pre- agreed targets."
© Dukascopy Bank SA