Swiss stocks - Factors to watch on September 10

Aluflexpack AG

10/09/2020 05:49

ZURICH/BERLIN, Sept 10 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:

    CORONAVIRUS
    The global death toll from the coronavirus passed 900,000 on
Wednesday, as worldwide cases topped 27.7 million, according to
a Reuters tally.  urn:newsml:reuters.com:*:nL8N2G43WG
    Germany's foreign ministry advised tourists against
travelling to a batch of European destinations including Prague,
Geneva, Dubrovnik and Corsica due to high coronavirus infection
rates.  urn:newsml:reuters.com:*:nS8N2AL091
     Democratic presidential nominee Joe Biden accused President
Donald Trump of betraying the American people, saying he
knowingly lied about the deadliness of the novel coronavirus in
what amounted to a "dereliction" of duty.  urn:newsml:reuters.com:*:nL1N2G60WP
    
    
    LOGITECH  LOGN.S 
    Logitech​ ​shareholders​ ​approve​d ​proposals,​ ​including​
​an increased dividend,​ at its ​annual​ ​general​ ​meeting.
 urn:newsml:reuters.com:*:nBw271X52a

    UBS  UBSG.S 
    The bank plans higher fees to push rich clients out of
costly cash, Bloomberg reported.  urn:newsml:reuters.com:*:nL4N2G63GV
    
    SIX 
    Italy is ready to use its vetting "golden" powers over
strategic assets to ensure the Milan stock exchange, Borsa
Italiana, is not sold to an unacceptable bidder, Economy
Minister Roberto Gualtieri said. Swiss stock exchange SIX is
among the potential bidders, sources have told Reuters.
 urn:newsml:reuters.com:*:nL8N2G65M4
    
    
    ANALYSTS' VIEWS
    BALOISE  BALN.S  - HSBC raises target price to chf 162 from
chf 157
    
    
    COMPANY STATEMENTS
    * Allreal  ALLN.S  says it plans residential development
with condominiums and rental apartments in Zurich Albisrieden.
 urn:newsml:reuters.com:*:nNDLbzsPDQ
    * Aluflexpack  AFPD.S  says it has signed and completed the
acquisition of 80% of Top-System, a leading flexible packaging
company in dairy industry in Poland. urn:newsml:reuters.com:*:nPexCdbHCa

        
    ECONOMY
    No major Swiss economic data scheduled 
    

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