Swiss stocks - Factors to watch on September 7
07/09/2020 05:57
ZURICH/BERLIN, Sept 7 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday:
CORONAVIRUS
WHO Director-General Tedros Adhanom Ghebreyesus said that
"vaccine nationalism" would only slow the effort to quash the
pandemic and called for vaccines to be used fairly and
effectively. urn:newsml:reuters.com:*:nL8N2G14CC
About 90% of Sinovac Biotech SVA.O employees and their
families have taken an experimental coronavirus vaccine
developed by the Chinese firm under the country's emergency use
programme, its chief executive said. urn:newsml:reuters.com:*:nL4N2G305L
CREDIT SUISSE CSGN.S
The lender may have spied on more employees under its former
chief executive Tidjane Thiam, SonntagsZeitung reported, citing
evidence of two further instances that had previously been
undisclosed. urn:newsml:reuters.com:*:nL8N2G30BE
ROCHE ROG.S
Roche said a therapy it co-developed with Cambridge-based
Blueprint Medicines BPMC.O was approved by the U.S. health
regulator for the treatment of patients with a type of non-small
cell lung cancer (NSCLC). urn:newsml:reuters.com:*:nL4N2G200E
Coronavirus antibody tests designed for use at home are back
on sale in the UK following months of wrangling over their
regulatory approval and a temporary ban by the government in
May, the Financial Times reported. urn:newsml:reuters.com:*:nL4N2G40Z3
ANALYSTS' VIEWS
* BARRY CALLEBAUT BARN.S - Credit Suisse raises target
price to chf 2,225 from chf 2,100
* VZ HOLDING VZN.S - Credit Suisse cuts to underperform
from neutral; raises target price to chf 68 from chf 60
* BANQUE CANTONALE VAUDOISE BCVN.S - Credit Suisse raises
target price to chf 70 from chf 66.50
* TECAN GROUP TECN.S - Credit Suisse raises target price
to chf 465 from chf 425
* GEORG FISCHER FIN.S - Credit Suisse raises target price
to chf 1050 from chf 960
ECONOMY
* The Swiss National Bank's expansive policy was
"imperative" to protect the Swiss economy, Chairman Thomas
Jordan said, indicating no change in strategy later this month.
urn:newsml:reuters.com:*:nL8N2G149P
* Swiss August forex reserves due at about 0700 GMT
* SNB sight deposits due at 0800 GMT
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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