Swiss stocks - Factors to watch on March 26

EvoNext Holdings SA

26/03/2020 05:21

ZURICH/BERLIN, March 26 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Thursday:
    
    CORONAVIRUS
    Countries that have locked down their populations to prevent
the spread of coronavirus need to put a premium on finding new
cases and doing everything they can "to suppress and control"
the virus, the World Health Organization said on
Wednesday. urn:newsml:reuters.com:*:nL8N2BI8KV
    The World Trade Organization's chief said on Wednesday that
projections show the economic downturn and job losses caused by
the coronavirus pandemic would be worse than the 2008 recession.
 urn:newsml:reuters.com:*:nL8N2BI8LE
    The U.S. Senate on Wednesday unanimously backed a $2
trillion bill aimed at helping unemployed workers and industries
hurt by the coronavirus epidemic, as well as providing billions
of dollars to buy urgently needed medical equipment.
 urn:newsml:reuters.com:*:nL1N2BI0KN
    
    ABB  ABBN.S 
    The company holds its annual general meeting but without
shareholders attending in person.  urn:newsml:reuters.com:*:nFWN2BB05U 
    
    SONOVA  SOON.S  
    The hearing aid maker lowered its sales guidance for 2019/20
to around 8% in local currencies, from 9-11% previously, and a
rise in adjusted EBITA below the previous guidance due to the
coronavirus pandemic. It also implemented cost control measures.
 urn:newsml:reuters.com:*:nFWN2BI1AS
          
    COMPANY STATEMENTS
    * Autoneum  AUTON.S  said its shareholders agreed a proposal
to give up a dividend payment in view of the company's loss
during the the 2019 financial year.  AUTON.S 
    * Evolva  EVE.S  said it entered a new collaboration
agreement with International Flavors and Fragrancies (IFF) to
further develop and expand commercialization of vanillin.
 EVE.S 
    
    ANALYSTS' VIEWS
    * LAFARGEHOLCIM LTD  LHN.S : CITIGROUP CUTS PRICE TARGET TO
CHF 50 FROM CHF 62
    
    Ex-DIVIDEND
    SGS  SGSN.S  - 80 CHF/shr dividend
    
    ECONOMY
    No economic data scheduled.
    

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