Swiss stocks - Factors to watch on March 3
03/03/2021 05:57
ZURICH/BERLIN, March 3(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
KUEHNE + NAGEL KNIN.S
Swiss logistics group Kuehne & Nagel International reported
on Wednesday a 0.8% rise in full-year core earnings, driven by
pharmaceuticals and e-commerce growth. urn:newsml:reuters.com:*:nL5N2L052H
UBS UBSG.S
UBS is planning to raise its stake in China joint venture to
67%, Bloomberg reported. [nL3N2L10LI[
GAM HOLDING GAMH.S
Swiss asset manager GAM Holding is to wind down a fund
linked to Softbank-backed financing group Greensill Capital, a
day after Credit Suisse CSGN.S closed its funds linked to the
UK firm. urn:newsml:reuters.com:*:nL5N2L06GT
COMPANY STATEMENTS
* Dormakaba DOKA.S said consolidated net sales came at 1.2
bln Sfr for the first half of 2020/21 financial year.
urn:newsml:reuters.com:*:nFWN2L01BV
* Bucher Industries BUCN.S said group order intake was at
2.8 billion Sfr in 2020. urn:newsml:reuters.com:*:nFWN2L017E
ANALYSTS' VIEWS
COMPAGNIE FINANCIERE RICHEMONT SA CFR.S : JP MORGAN RAISES
TO "OVERWEIGHT" FROM "NEUTRAL".
ECONOMY
February CPI due at 0730 GMT. Seen 0.4% m/m, -0.3% y/y.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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