Swiss stocks - Factors to watch on September 29

Addex Therapeutics

29/09/2021 05:51

ZURICH/BERLIN, Sept 29(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
    
    CRYPTO ASSETS
    Switzerland's financial markets supervisor FINMA approved
the Crypto Market Index Fund, the country's first fund that
invests primarily in crypto assets.  urn:newsml:reuters.com:*:nL8N2QV0IH
      
    COMPANY STATEMENTS
    * Leclanche SA  LECN.S : H1 operating loss CHF -24.3 million
versus CHF -30.3 million year ago; believes that achieving
revenue guidance issued in June will be challenging  LECN.S 
    * Novartis AG  NOVN.S : updates on ligelizumab in CSU
 NOVN.S 
    * Addex Therapeutics LTD  ADXN.S : initiates phase 2
clinical study with dipraglurant in blepharospasm  ADXN.S 
    * Meyer Burger Technology AG  MBTN.S  said it was planning
to establish a production site for high-performance solar
modules in the United States  MBTN.S 
    * Schweiter Technologies AG  SWTQ.S  appointed Roman
Sonderegger as the new CEO  SWTQ.S 
    
    ANALYSTS' VIEWS
    * UBS GROUP AG  UBSG.S : RBC RAISES TARGET PRICE TO CHF 19
FROM CHF 17.50
    * SOFTWAREONE HOLDING AG  SWON.S : CITIGROUP CUTS PRICE
TARGET TO CHF 25 FROM CHF 27
    * BURCKHARDT COMPRESSION HOLDING AG  BCHN.S : CREDIT SUISSE
INITIATES WITH OUTPERFORM RATING AND CHF 410 TARGET PRICE
    * SCHINDLER HOLDING AG  SCHP.S : SOCGEN CUTS TO SELL FROM
HOLD; CUTS TARGET PRICE TO CHF 250 FROM CHF 280
    * SWISSCOM AG  SCMN.S : JP MORGAN RAISES TO OVERWEIGHT FROM
NEUTRAL; RAISES TARGET PRICE TO CHF 624 FROM CHF 603
       
    ECONOMY
    September investor sentiment due at 0800 GMT

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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