Swiss stocks - Factors to watch on April 28

Compagnie Financiere Tradition SA

28/04/2017 05:39

ZURICH, April 28(Reuters) - Here are some of the main 
factors expected to affect Swiss stocks on Friday. 
 
    CREDIT SUISSE  CSGN.S   
    The bank is due to hold its annual general meeting amid a 
row over the bank's proposal to pay senior management hefty 
bonuses despite running up a 2.7 billion Swiss franc loss in 
2016.   
    The bank said it had finalised the syndicate underwriting 
its 4 billion Swiss franc ($4 billion) rights offering, adding 
more banks to the list of participants.[nZ8N1E901B} 
    For more news, click on  CSGN.S-E  
     
    UBS  UBSG.S   
    First-quarter earnings at 0500 GMT, with analysts 
forecasting a 30 percent increase in net profit.  urn:newsml:reuters.com:*:nL8N1HY58B 
     UBSG.S  
 
    COMPANY STATEMENTS  CPR-CH  
    *  Cie Financiere Tradition  CFT.S  reported first-quarter 
consolidated revenue of CHF 213.4m compared with CHF 219.5m in 
same period in 2016, up 0.2% in constant currencies. urn:newsml:reuters.com:*:nASN0006VP 
    * Basilea Pharmaceutica AG  BSLN.S  says shareholders 
elected Nicole Onetto as new member of board and re-elected 
Domenico Scala as chairman  urn:newsml:reuters.com:*:nASM000AYN 
    *  GAM Holding  GAMH.S  said it was launching a new share 
buyback, with the ability to repurchase up to 16 million shares 
or 10 percent of its shares in issue.  GAMH.S  
    * Kuehne & Nagel  KNIN.S  said Italian household appliance 
company Candy Group has awarded it a new three year contract to 
manage its complex supply chain.  KNIN.S  
    * Myriad Group  MYRN.S said Mauro Saladini will not be 
standing for re-election at the Annual General Meeting of 
Shareholders on the 24th May 2017 due to increasing time 
commitments and a lack of availability in Switzerland.  MYRN.S  
    * Eastern Property Holdings Ltd  EPH.S  FY 2016 NAV of 
$36.35 per share - increased from $35.54 at YE 2015  urn:newsml:reuters.com:*:nFWN1HZ1GN 
     
    ECONOMY  M-CH  
    * The KOF leading economic indicator for April is due to be 
published at 0700 GMT.  CHKOFL=ECI  
    The Swiss National Bank  SNBN.S is due to hold its annual 
general meeting at 0800 GMT with chairman Thomas Jordan speaking 
on the central bank's monetary and investment policy.  SNBN.S  
     
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/