Swiss stocks - Factors to watch on Jan 27

Banque Cantonale du Jura SA

27/01/2015 07:48

ZURICH, Jan 27 (Reuters) - Swiss stocks were seen rising on 
Tuesday, outperforming flat European shares, supported by Swiss 
drugmaker Novartis, which forecast sales and profit to grow at a 
faster pace this year. 
    The Swiss blue-chip SMI  .SSMI  was seen opening up 0.4 
percent at 8,331 points, according to premarket indications by 
bank Julius Baer  JBPRE01 .  
    The following are some of the main factors expected to 
affect Swiss stocks on Tuesday: 
     
    NOVARTIS  NOVN.VX   
    The Swiss drugmaker forecast sales and profit to grow at a 
faster pace this year as recent drug successes and its portfolio 
overhaul help it weather the impact of generic competition. 
    For more, click on  NOVN.VX  
     
    SUNRISE 
    Swiss mobile telecoms company Sunrise plans to raise around 
1.35 billion Swiss francs ($1.3 billion) in a stock market 
debut, potentially Switzerland's biggest flotation since 2006. 
       
    COMPANY STATEMENTS  CPR-CH  
    * Sika  SIK.VX  said it had acquired cement and tile 
adhesive manufacturer Duro-Moza in Mozambique. The firm reported 
sales of 2 million Swiss francs in 2014, Sika said.  SIK.VX  
    * Banque Cantonale du Jura  BCJ.S  reported 2014 net income 
of 9 million Swiss francs, up 0.2 percent.  BCJ.S  
    * Elma  ELMN.S  reported 2014 total revenue of 118.1 million 
Swiss francs, representing growth of 4.5 percent.  ELMN.S  
    * Huber+Suhner  HUBN.S  said the massive increase in the 
value of Swiss franc since the Swiss National Bank's decision to 
scrap the cap on Jan. 15 will have very negative effects on 
sales and income prospects during the current financial year. 
 HUBN.S  
    * Zuger Kantonalbank  ZG.S  said 2014 profit reached 61.2 
million Swiss francs.  ZG.S  
    * Tornos  TOHN.S  said consolidated net sales rose 16.6 
percent to 175.8 million Swiss francs in 2014.  TOHN.S  
     
     
     
     
    ECONOMY  M-CH  
     
    SNB 
    The Swiss National Bank is ready to intervene in the foreign 
currency market to ease monetary policy after ditching its cap 
on the Swiss franc earlier this month, its vice-chairman said in 
an interview with Swiss national daily TagesAnzeiger. 
    For more, click on  ID:nL6N0V605T  
 
        ((Zurich newsroom +41 58 306 7336,  
zurich.newsroom@thomsonreuters.com))  
 
 
  
((Xtra clients: for Top News Pages in multimedia Web format,  
double click on http://topnews.session.rservices.com  
 FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON: 
     
 Daily Swiss stock market report in German................ .SDE  
 Daily pan-European stocks index SMI moves.................. .SSMI   
 All SMI constituent stocks............................ 0#.SSMI   
 News on major Swiss stock price moves.................. CH-HOT  
 Table on major world stock market performance...........  .STX  
 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 diary          CH/DIARY  
 Swiss research news     CH-RCH   Virt-x sectors     VX/SECTOR1  
 All equity news              E   Virt-x price index      .VMIP  
     
 INTERNET ADDRESSES:             Virt-x       www.virt-x.com  
  
 Swiss Exchange  www.swx.ch/     SEGAIntersettle    www.sega.ch/  
 Eurex   www.eurexchange.com     STOXX Ltd         www.stoxx.com  
  
 SPEED GUIDES:  VX/EQUITY   EQUITY   EQUITY/NEWS1   EUR/EQUITY   
  SWITZERLAND   REUTERS  )) 
 
Keywords: MARKETS SWISS STOCKS