Swiss stocks - Factors to watch on April 23

Arbonia AG

23/04/2018 06:03

ZURICH, April 23 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday.
    
    UBS  UBSG.S  
    Switzerland's biggest bank on Monday posted a 1.51 billion
Swiss franc ($1.55 million) net profit for the first quarter of
2018, helped by a rise in income from its investment bank amid
increasing global market volatility.  urn:newsml:reuters.com:*:nL8N1S00C1
    For more click  UBSG.S 
    
    TEMENOS  TEMN.S 
    British financial trading systems firm Fidessa has ditched a
takeover by Swiss banking software business Temenos in favour of
a 1.5 billion-pound ($2.1 billion) deal with rival bidder Ion.
 urn:newsml:reuters.com:*:nL3N1RX3TY
    
    SOVEREIGN MONEY VOTE
    Switzerland's sovereign money initiative said supporter
Michael Derrer submitted a complaint against Switzerland's
central bank, federal council and conference of cantonal finance
directors to the canton of Aargau's governing council for
providing misinformation in relation to the initiative, which
heads to the polls on June 10.

    RENOVA
    Assets totalling between $1.5 billion and $2 billion have
been frozen as a result of sanctions imposed on Russian oligarch
Viktor Vekselberg and his Renova Group conglomerate, two sources
close to the matter told Reuters on Saturday. Renova, which is
headquartered in Moscow and has a subsidiary in Zurich, intends
to maintain its Swiss holdings and is seeking the help of Swiss
authorities  in clearing up business matters.  urn:newsml:reuters.com:*:nL8N1RY098
    
    SWISS
    The chief executive of Lufthansa  LHAG.DE  subsidiary Swiss
told Swiss newspaper SonntagsZeitung the group is on track for
another passenger record year if things continue as they have so
far. CEO Thomas Kluehr says he's convinced Swiss will once again
reach margins over 8 percent this year. A stronger euro versus
the Swiss franc will cause short-term negative effects for the
airline due to more expensive imported supplies, he said, but
will ultimately have a positive impact in the long-run as it
strengthens the Swiss export economy.  L8N1RZ0D0 
    
    VONTOBEL  VONN.S 
    Vontobel is on the right track with its strategy of organic
growth--as opposed to growth through acquisitions, Chief
Executive Zeno Staub told newspaper Finanz und Wirtschaft. The
CEO said he plans to stay as long as he and the bank's investors
remain confident in his contributions.

    COMPANY STATEMENTS  CPR-CH 
    * Roche  ROG.S  said new Ocrevus data released at a
conference demonstrate reductions in disease activity and
disability progression in relapsing multiple sclerosis.  ROG.S 
    * Arbonia  ARBNO.S  said on Friday it had successfully place
certificates of indebtedness for 125 million euros.  ARBNO.S 
    * Investis  IREN.S  said on Friday said it had purchased 40
percent of the shares of Yetivisit to expand in digital real
estate services, without giving financial details.  IREN.S  
    
    ECONOMY  M-CH 
    

 (Reporting by Zurich newsroom)
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
 
((For Top News in a multimedia Web format on Eikon visit:
https://emea1.views.cp.extranet.thomsonreuters.biz/Explorer/NEWSxTOPNEWS.aspx?group=SP_GROUP_001&page=SP_PAGE_001&pageName=FrontPage
 FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
    
 Daily Swiss stock market report in German................ .SDE 
 All SMI constituent stocks............................ 0#.SSMI  
 News on major Swiss stock price moves.................. CH-HOT 
 FTSE Eurotop 300 index................................  .FTEU3 
 DJ STOXX index........................................  .STOXX 
 Top 10 STOXX sectors.............................  .PGL.STOXXS  
 Top 10 EUROSTOXX sectors........................  .PGL.STOXXES 
 Top 10 Eurotop 300 sectors.......................  .PGL.FTEU3S 
 Top 25 European pct gainers...  .PG.PEUR , losers...  .PL.PEUR 
    
 Swiss mid-cap index      .SSMI   SMI futures            0#SMI: 
 Swiss all-share index    .SSHI   Market statistics   CH/STATS1 
 Swiss market digest      .AD.S   Sector overview    CH/SECTOR1 
 All Swiss news              CH   Swiss research news     CH-RCH   
 All equity news              E  
     
 INTERNET ADDRESSES:              
 
Swiss Exchange  www.swx.ch/     
Eurex   www.eurexchange.com
STOXX Ltd         www.stoxx.com 
 
 SPEED GUIDES:  VX/EQUITY   EQUITY   EQUITY/NEWS1   EUR/EQUITY  
  SWITZERLAND   REUTERS  ))