"Opportunities in European equities remain attractive, both in more cyclical, as well as less economically sensitive areas"
- Luke Stellini, a product director at Invesco Perpetual
Swiss stocks rose on Thursday after a report showed U.S. unemployment claims declined and Nestle SA, the world's biggest food company, climbed on better than expected sales growth.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies rose by 0.31%, or 18.94 points, to 6,217.28. The broader Swiss Performance Index added 0.17%, or 9.8 points, to 5,632.39.
"Opportunities in European equities remain attractive, both in more cyclical, as well as less economically sensitive areas," Luke Stellini, a product director at Invesco Perpetual in Henley-On-Thames, England, said.
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