Swiss Re means the biggest losers from the Swiss Main index, SMI, on view in recent days. Overall, the shares lost the reinsurer within 9 days, as much as 50 percent in value. reason for the massive losses were various rumors. On the one hand, lay before the rumor that Hannover Re was on the verge of bankruptcy. This horror message was, of course by the industry and as Swiss Re also lost heavily. Another rumor said a capital increase of Swiss Re, a total of 4 billion francs.
All this news caused the share price fall sharply. Today, the stock recovered, but then again some of the losses and was in part with just under 24%, respectively. Finally, it was only just under 11% in the positive Terrain.
The stock is for me a strong buy. From the rumors I do not think much. Even Warren Buffet is still invested in that stock. With a current price of just 30 francs is expected RUKN prove in the future. For the last few days were not justified fundamentally determined.
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