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BUZZ-European oil, commodity stocks enjoy day out of the spotlight

Reuters - UK Focus

** With the SNB's shock move sending Swiss shares in a tailspin and hogging the headlines, oil & commodity stocks enjoy a day of outperformance

** Premier Oil (LSE: PMO.L - news) is top of the Stoxx 600, up 6.4 pct.

** Precious metal miners Rangold Resources and the heavily shorted Fresnillo (Other OTC: FNLPF - news) are the top performers on the FTSE 100, up 4.3 pct & 4.2 pct respectively.

** BHP Billiton (NYSE: BBL - news) recovers from Wednesday's dip to trade up 2.4 pct

** Swiss stocks in a sea of red & account for all 40 of the top losers on the STOXX 600

** Julius Baer (Other OTC: JBARF - news) has lost more than a fifth of its value and is the worst performer across Europe.

** Both Credit Suisse & UBS off more than 15 pct & nursing their sharpest one-day losses since the depths of the financial crisis in Oct 2008 (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)