Swiss stocks - Factors to watch on June 28

Esprit Holdings

28/06/2024 05:58

June 28 - Here are some of the main factors that may
affect Swiss stocks on Friday:
     
    UBS  UBSG.S  
    Media - FIFA is working with UBS to raise up to $2 billion
to expand its streaming service, Bloomberg News reports.
    Ten large banks including UBS will pay $46 million to settle
a long-running antitrust lawsuit accusing them of conspiring to
rig the now $469.5 trillion market for interest rate swaps.
      
    COMPANY STATEMENTS
    * Esprit Holdings Ltd  0330.HK  - Insolvency Filing By A
Switzerland Subsidiary
    * Leclanche Sa  LECN.S  - Shareholders Have Approved
Conversion Of Chf 84.7 Mln In Debt Into Company Shares
    * Luzerner Kantonalbank  LUKN.S  - Raises Profit Forecast
For 2024

    ANALYSTS' VIEWS
    SWATCH  UHR.S  - HSBC CUTS TARGET PRICE TO CHF 210 FROM CHF
250
    
    ECONOMY
    Swiss KOF Indicator for June due at 0700 GMT. Seen at 101.0.
    Swiss official reserves assets for May due at 0700 GMT.


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