Swiss stocks - Factors to watch on June 5

Compagnie Financiere Tradition SA

05/06/2015 05:44

ZURICH, June 5 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Friday: 
     
    NESTLE  NESN.VX  
    Food group Nestle  NESN.VX  has withdrawn Maggi noodles from 
sale in India due to "an environment of confusion for 
consumers", following a food scare sparked by reports of excess 
lead in some packets of the popular instant snack. 
    For more click on  NESN.VX  
     
    SYNGENTA  SYNN.VX  
    U.S. agrochemicals firm Monsanto Co and its advisers are 
working flat out to accommodate Syngenta's qualms about 
regulatory hurdles to a deal whose perils may well outweigh the 
rewards. 
    For more click on  SYNN.VX  
       
    COMPANY STATEMENTS  CPR-CH  
    * Compagnie Financiere Tradition  CFT.S  said the take-up by 
shareholders to offer a scrip dividend resulted in the issuance 
of 286,774 new shares with a nominal value of 2.50 Swiss francs 
each, with a total nominal value of 716,935 francs. The new 
shares will be fully paid up by conversion of available equity 
and carry dividend rights from the current financial year. 
 CFT.S  
    * BB Biotech  BION.S  said it is being replaced in the 
TecDax Index due to a decline in its Xetra trading volumes, 
which have increased on the SIX Swiss Exchange leading to a 
decline in the relative share of trading volumes conducted on 
Xetra.  BION.S  
     
    ECONOMY  M-CH  
    SNB monthly currency reserves due at 0700 GMT 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))