Swiss stocks - Factors to watch on August 8

Asmallworld AG

08/08/2022 05:35

ZURICH/BERLIN, Aug 8 (Reuters) - The Swiss blue-chip SMI
 .SSMI  was seen opening 0.2% higher at 11,148 points on Monday,
according to premarket indications by bank Julius Baer
 JBPRE01 .
    Here are some of the main factors that may affect Swiss
stocks:
    
    RICHEMONT  CFR.S  
    The Cartier owner has asked shareholders to reject a
candidate from Bluebell Capital Partners as a representative of
ordinary shareholders and against the person's election to the
luxury group's board at its upcoming annual general meeting.
 urn:newsml:reuters.com:*:nFWN2ZHCJL
    
    
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse is not exposed to any large losses among
lenders to embattled Mexican firm Credito Real  CREAL.MX , the
Swiss bank said on Saturday, contradicting earlier media
reports.  urn:newsml:reuters.com:*:nL8N2ZI0DJ

      
    COMPANY STATEMENTS
    *FDA says 37,500 cans of Nestle  NESN.S  SMA Nutrition
Althera is expected to be available in U.S. August 2022.
 NESN.S 
    * Asmallworld  ASWN.S  said it has entered a partnership
with Emirates Skywards to expand its prestige and signature
membership offering.  ASWN.S 
        
    
    ECONOMY
    The Swiss unemployment rate remained stable at a
non-seasonally adjusted 2.0% in July, the State Secretariat for
Economic Affairs said.  urn:newsml:reuters.com:*:nS8N2Z905M
    
    RATINGS
    SWATCH GROUP AG  UHR.S : CREDIT SUISSE ASSUMES COVERAGE WITH
OUTPERFORM RATING AND CHF 360 TARGET PRICE
    COMPAGNIE FINANCIERE RICHEMONT SA  CFR.S : CREDIT SUISSE
ASSUMES COVERAGE WITH NEUTRAL RATING; TARGET PRICE CHF 130
    ADECCO GROUP AG  ADEN.S : CITIGROUP CUTS PRICE TARGET TO CHF
50 FROM CHF 60


 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
((For Top News in a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German  .SDE 
All SMI constituent stocks  0#.SSMI 
DJ STOXX index  .STOXX 
Top 10 STOXX sectors  .PGL.STOXXS 
Top 10 EUROSTOXX sectors  .PGL.STOXXES 
Swiss mid-cap index  .SSMI 
Swiss all-share index  .SSHI 
Swiss market digest  .AD.S 
Sector overview  CH/SECTOR1 
All Swiss news  CH 
Swiss research news  CH-RCH   
All equity news  E 
SPEED GUIDES:   EQUITY   EQUITY/NEWS1   EUR/EQUITY   SWITZERLAND   REUTERS  ))