ZURICH (AFX) - Share prices closed flat but off intra-day lows after Wall Street moved into positive territory, with insurers and banks handing back recent gains and Baloise the top climber on the back of strong full-year results, traders said.
At the close, the SMI was 2.78 points lower at 8,056.64, and the SPI down 1.70 points at 6,173.81.
The euro was slightly higher against the franc at 1.5742 sfr, as was the dollar, at 1.3011 sfr.
Baloise closed 4.40 sfr or 5.01 pct higher at 92.15 sfr after publishing full-year results that exceeded expectations at all levels, buyback news and a positive outlook statement. afx.zurich@afxnews.com ckj/jsa COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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