Swiss stocks - Factors to watch on June 12

EvoNext Holdings SA

12/06/2017 07:02

ZURICH, June 12 (Reuters) - The Swiss blue-chip SMI  .SSMI  
was seen opening 0.1 percent lower at 8,834 points on Monday, 
according to premarket indications by bank Julius Baer 
 JBPRE01 . 
    The following are some of the main factors expected to 
affect Swiss stocks: 
     
    BANKS 
    The idea of creating a superbank for administration and 
processing has failed, said a SIX Group spokesman on Sunday. "We 
have seen banks have very different priorities, systems and 
timings, which is why it was too difficult to find a common 
denominator," the spokesman told news agency SDA, confirming 
earlier media reports. UBS and Credit Suisse were among the 
lenders who supported the idea last year.  
    For more news, click  BISV-CH  
     
    UBS  UBSG.S  
    Chairman Axel Weber told German weekly Welt am Sonntag he 
does not expect excessive deregulation in the U.S. banking 
sector and also does not expect European regulators to tighten 
rules "as on auto pilot" in the future. 
    For more news, click  BISV-CH           
     
    ROCHE  ROG.S   
    Roche is convinced a new breast cancer drug will have a 
significant role in treating the disease despite recent trial 
results that disappointed analysts, the Swiss drugmaker's chief 
executive said in an interview published on Sunday. 
    The company also said the Swiss Agency for Therapeutic 
Products (Swissmedic) has granted approval to the cancer 
immunotherapy Tecentriq, which is used to treat people with 
locally advanced or metastatic non-small cell lung cancer 
following previous treatment with chemotherapy. 
    For more news, click  ROG.S-CH  
     
    JULIUS BAER  BAER.S   
    Wellington Management Group LLP increased its stake in 
Julius Baer to 5.01 percent, according to a notice on the Swiss 
stock exchange. Wellington previously held a 3.06 percent stake 
in the Swiss private bank, according to a Nov. 24 filing.  
    For more news, click  BAER.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Johnson & Johnson  JNJ.N  said Friday's approval of its 
proposed acquisition of Swiss biotech company Actelion  ATLN.S  
from the European Commission meant all regulatory approvals 
required to complete the $30 billion deal have been received. 
Idorsia, the research spin-out from the J&J-Actelion deal, will 
be listed, with its shares due to begin trading on June 16. 
 ATLN.S  
    * Partners Group  PGHN.S  announced adjustments to its 
organizational structure and global leadership team. Among the 
changes, CFO Cyrill Wipfli will take on a new role as co-head 
portfolio management and member of the Global Portfolio 
Committee. The company's finance & corporate development team, 
co-headed by Manuel Ottinger and Philip Sauer, will absorb the 
CFO role, the company said.  PGHN.S  
    * Temenos Group  TEMN.S  announced the early termination of 
its 2016 share buyback programme, having reached its stated 
objective of repurchasing up to 99 million Swiss francs of 
shares.  TEMN.S  
    * Evolva  EVE.S  said Scott Fabro will join the company in 
early July and shortly thereafter take over as chief commercial 
officer, succeeding Luc Gruner.  EVE.S  
    * Ascom  ASCN.S  said it secured a long-term contract with a 
multi-institutional integrated delivery network for healthcare 
in the United States.  ASCN.S  
    * Basilea  BSLN.S  said it had forged a clinical study 
agreement with Adult Brain Tumor Consortium to study BAL101553 
in newly diagnosed glioblastoma, the most common primary brain 
tumour in adults.  BSLN.S  
    * Sandpiper Digital Payments  SDPP.BN  posted a full-year 
loss after tax of 8.3 million euros.  SDPP.BN  
     
    ECONOMY  M-CH  
    The Swiss National Bank is due to publish the latest sight 
deposit data at 0800 GMT. 
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/