Swiss stocks - Factors to watch on December 14
14/12/2021 05:55
ZURICH/BERLIN, Dec 14 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Tuesday:
SWISS NATIONAL BANK
The Swiss National Bank's sight deposits rose by their
highest amount in seven months last week, indicating
policymakers are taking the first decisive steps to battle a
rise in the value of the franc against its major rivals,
particularly the euro. urn:newsml:reuters.com:*:nL1N2SY162
UBS UBSG.S
A Paris appeals court on Monday slashed the penalty UBS must
pay for allegedly helping wealthy clients in France evade taxes
to 1.8 billion euros ($2 billion), but upheld that the Swiss
bank was guilty of both promoting illegal banking services and
money laundering. urn:newsml:reuters.com:*:nL8N2SY3PZ
Vifor Pharma AG
Australian biopharmaceutical giant CSL Ltd CSL.AX said it
would buy Swiss drugmaker Vifor Pharma AG for $11.7 billion,
aiming to diversify beyond the blood plasma collection business
after taking a hit from COVID-19 curbs. urn:newsml:reuters.com:*:nL4N2SZ0J8
COMPANY STATEMENTS
* Roche ROG.S said its Sars-Cov-2 antigen self test nasal
was approved under health Canada's interim order. ROG.S
ANALYST VIEWS
FORBO HOLDING AG FORN.S : CREDIT SUISSE RAISES TARGET PRICE
TO CHF 1825 FROM CHF 1730
ECONOMY
Swiss November Producer/Import price index data due at 0730
GMT.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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