Swiss stocks - Factors to watch on Jan. 7

Crealogix Holding AG

07/01/2019 05:51

ZURICH/BERLIN, Jan 7 (Reuters) - The Swiss blue-chip SMI
 .SSMI  was seen opening 0.4 percent higher at 8,645 points,
according to premarket indications from bank Julius Baer.
    Here are some of the main factors that may affect Swiss
stocks on Monday:
      
    UBS  UBSG.S 
    Switzerland's largest bank is in early talks with Bank of
America's  BAC.N  ex-investment banking head Christian Meissner
about joining as a potential successor to Chief Executive Sergio
Ermotti, Bloomberg reported, citing people with knowledge of the
talks.  urn:newsml:reuters.com:*:nFWN1Z407Z
    
    COMPANY STATEMENTS  E-CH 
    * Addex Therapeutics  ADXN.S  said it completed the year
2018 with 41.7 million Swiss francs of cash and cash
equivalence, and a net operating cash inflow of 1.8 million
francs.  ADXN.S 
    * Airopack Technology Group  AIRN.S  said Jean-Baptiste
Lucas had been appointed CEO. Antoine Kohler, currently interim
CEO, would return to focusing on his role as chairman.  AIRN.S 
    * Basilea Pharmaceutica  BSLN.S  said unaudited preliminary
revenue for 2018 is expected to increase by 31 percent to
approximately 133 million Swiss francs, slightly ahead of the
company's guidance.  BSLN.S 
    * Crealogix Holding  CLXN.S  said Oliver Weber, who since
September has been vice president of its Digital Banking
Switzerland operation, has joined group management, while Marc
Staehli plans to step down from group management to concentrate
on international sales activities.  CLXN.S 
    * Idorsia  IDIA.S  said it had enrolled a first patient in a
study of safety and efficacy for its lupus drug cenerimod
 IDIA.S 
    * Zur Rose Group  ROSEG.S  said it successfully completed
the acquisition of the e-commerce activities of Germany's
third-largest online pharmacy medpex.  ROSEG.S     
    
    ECONOMY  M-CH 
    Swiss forex reserves due around 0800 GMT.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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