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Markets

Swiss stocks jump 3 percent

GENEVA : The Swiss stock market jumped more than 3.0 percent in Monday afternoon trade, outpacing other firmer European
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By Imad Uddin
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GENEVA: The Swiss stock market jumped more than 3.0 percent in Monday afternoon trade, outpacing other firmer European exchanges as investors reacted to news of the imminent defeat of Libya leader Moamer Qadhafi.

At 1150 GMT, the Swiss Market Index of the 20 most traded companies was up 3.07 percent at 5,249.93 points, led by pharmaceuticals Roche and Novartis, and food giant Nestle.

 

Copyright AFP (Agence France-Presse), 2011

 

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