Swiss stocks - Factors to watch on November 6
06/11/2020 05:46
ZURICH/BERLIN, Nov 6 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
CORONAVIRUS
A World Health Organization-led scheme to supply COVID-19
drugs to poor countries is betting on experimental monoclonal
antibody treatments and steroids but shunning Gilead's GILD.O
remdesivir therapy, an internal document shows. urn:newsml:reuters.com:*:nL1N2HR1FY
RICHEMONT CFR.S
Alibaba Group Holding Ltd 9988.HK and Swiss group
Richemont will invest $1.1 billion in online luxury fashion
retailer Farfetch Ltd FTCH.N and its new Chinese marketplace,
as online demand for luxury goods booms in the Asian country.
urn:newsml:reuters.com:*:nL4N2HR5XC
Richemont is also due to publish first half-year results.
COMPANY STATEMENTS
* Comet Holding COTNE.S ebeam lamps business to Tetra Pak,
with both parties aiming to finalise the deal by the end of the
year.
* Asmallworld AG ASWN.S expects EBITDA for 2020 to be
comparable to last year, despite the challenging environment.
ANALYSTS' VIEWS
* SANTHERA PHARMACEUTICALS HOLDING SANN.S : CREDIT SUISSE
CUTS TARGET PRICE TO CHF 3 FROM CHF 6.5
* VALIANT HOLDING AG VATN.S : CREDIT SUISSE CUTS TARGET
PRICE TO CHF 93 FROM CHF 101
ECONOMY
Swiss October Forex reserves due at 0800 GMT.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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