Swiss stocks - Factors to watch on Oct. 19
19/10/2018 07:05
ZURICH/BERLIN, Oct 19 (Reuters) - The Swiss blue-chip SMI
.SSMI was seen opening 0.2 percent higher at 8,796 points on
Friday, according to premarket indications by bank Julius Baer
JBPRE01 .
Here are some of the main factors that may affect Swiss stocks
on:
NOVARTIS NOVN.S
The U.S. Food and Drug Administration has rejected
Novartis's bid to repurpose a drug now approved for rare
inflammatory diseases to be used in a group of heart attack
survivors, the Swiss drugmaker said on Thursday.
BANK VONTOBEL VONN.S
The bank on Friday said it was acquiring the international
US-based private clients portfolio from Lombard Odier for an
undisclosed price. L8N1WZ0QD
For more news, click on VONN.S
COMPANY STATEMENTS E-CH
* Novartis NOVN.S said data showed significant improvement
in progression-free survival rates for patients using its
Lutathera treatment baseline liver tumours. NOVN.S
* BB Biotech BION.S said it was expanding its board of
directors to four as it reported a net gain of 242 million Swiss
francs for its third quarter. BION.S
* Bellevue Group BBN.S said chairman Thomas Von Planta
will not stand for reelection to its board. BBN.S
* DKSH DKSH.S Joerg Wolle will hand over chairmanship of
board of directors at its 2019 annual general meeting. DKSH.S
* Huber + Suhner HUBN.S said it had become a tier 1
supplier to Chinese electric vehicle manufacturer Geely.
HUBN.S
ECONOMY M-CH
No economic data due.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336 zurich.newsroom@thomsonreuters.com))
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