Swiss stocks - Factors to watch on October 5
05/10/2021 06:18
ZURICH/BERLIN, Oct 5 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
Swiss RE SRENH.S
Swiss Re has estimated its preliminary claims burden from
Hurricane Ida at $750 million, the reinsurer said on Tuesday,
while updating its loss estimate for the July floods in Europe
to approximately $520 million. urn:newsml:reuters.com:*:nFWN2R00VI
The Zurich-based reinsurance firm is looking to acquire a
20-25% stake in the venture by initially making a capital
commitment of around $100 million, the Economic Time reported,
citing people familiar with the matter. urn:newsml:reuters.com:*:nL4N2R10Q2
COMPANY STATEMENTS
* Roche ROG.S said Ocrevus data it will present next week
will show sustained reduction in disability progression through
8 years for primary progressive multiple sclerosis and 7.5 years
for relapsing MS. ROG.S
* Bucher Industries BUCN.S said the board of directors had
nominated Stefan Scheiber as a new board member. BUCN.S
* Softwareone SWON.S will acquire pan-European SAP
services partner Centiq, it said on Tuesday, without disclosing
the financial details of the deal. urn:newsml:reuters.com:*:nASN001Q68
* DKSH DKSH.S said it was expanding its field marketing
business by acquiring STP in Australia. DKSH.S
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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