Swiss stocks - Factors to watch on 22 July

Bb Biotech

22/07/2022 05:59

ZURICH/BERLIN, July 22 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:

    SIKA  SIKA.S 
    The chemicals maker reported an 18% jump in its first-half
sales, supported by its bigger production footprint and a
post-pandemic recovery in the construction sector.  urn:newsml:reuters.com:*:nL4N2Z30MB
    
    LONZA  LONN.S 
    The Swiss drug contract manufacturer said first-half core
earnings gained 16.5% on strong demand from biopharmaceutical
companies.  urn:newsml:reuters.com:*:nL8N2Z30NL
    
    ABB  ABBN.S 
    The group invited to its extraordinary general meeting in
relation to the proposed spin-off of its Accelleron
turbocharging business for Sept. 7.  urn:newsml:reuters.com:*:nFWN2Z25PY
    
    SCHINDLER  SCHP.S 
    The elevator and escalator manufacturer on Friday cut its
revenue guidance for the full year, citing China market
contraction and COVID-related lockdowns.  urn:newsml:reuters.com:*:nL8N2Z30GL
    
    JULIUS BAER  BAER.S 
    The Swiss private bank will no longer charge negative
interest rates on client deposits in euros, Swiss francs or
Danish krone,, citing the European Central Bank's Thursday
decision to hike its main interest rate to 0%.  urn:newsml:reuters.com:*:nFWN2Z25JK
      
    COMPANY STATEMENTS
    * HBM HEALTHCARE INVESTMENTS AG  HBMN.S  achieved a net
profit of 52 million Swiss Franc in the first quarter of
2022/2023.  urn:newsml:reuters.com:*:nASM000KBH
    * V-ZUG HOLDING AG  VZUG.S  H1 : reported net sales of 303.0
million Swiss francs and EBIT of 4.3 million Swiss francs for
the first half 2022.  urn:newsml:reuters.com:*:nASM000KBD
    * BB Biotech  BION.S  reported a Q2 Net Loss of CHF 233
million  BION.S 
    * Belimo Holding  BEAN.S  reported H1 EBIT at CHF 76.7 Mln
 BEAN.S 
    
    RATINGS
    EFG INTERNATIONAL AG  EFGN.S : CITIGROUP RAISES PRICE TARGET
TO CHF 6.8 FROM CHF 6.3 
    
    ECONOMY
    No major Swiss economic data scheduled.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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