Swiss stocks - Factors to watch on November 9
09/11/2023 05:36
ZURICH/BERLIN, Nov 9(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Thursday:
UBS UBSG.S
UBS saw strong demand on Wednesday for its first Additional
Tier 1 (AT1) bond sale since taking over Credit Suisse in March,
in a further sign of confidence returning to risky bank debt
after the Swiss rescue rocked the market.
The Financial Times reported that the bank had raised $3.5
billion for the bonds.
ZURICH INSURANCE GROUP AG ZURN.S
Third quarter results due.
COMPANY STATEMENTS
*Givaudan GIVN.S said it has successfully placed 250
million Swiss francs Of Swiss franc bonds. GIVN.S
*Sandoz SDZ.S said it had successfully issued 2.0 billion
euros ($2.14 billion) in inaugural eurobonds. SDZ.S
*Comet Holding AG COTNE.S confirmed its focus strategy
developed in 2019 and said the medium-term targets issued at
that time will be adjusted slightly upwards and postponed.
COTNE.S
ANALYSTS' VIEWS
FITCH SAYS UBS'S UBSG.S 3Q23 RESULTS REFLECT GOOD CREDIT
SUISSE PROGRESS
ECONOMY
No major Swiss economic data scheduled.
($1 = 0.9341 euros)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
((For Top News in a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German .SDE
All SMI constituent stocks 0#.SSMI
DJ STOXX index .STOXX
Top 10 STOXX sectors .PGL.STOXXS
Top 10 EUROSTOXX sectors .PGL.STOXXES
Swiss mid-cap index .SSMI
Swiss all-share index .SSHI
Swiss market digest .AD.S
Sector overview CH/SECTOR1
All Swiss news CH
Swiss research news CH-RCH
All equity news E
SPEED GUIDES: EQUITY EQUITY/NEWS1 EUR/EQUITY SWITZERLAND REUTERS ))