Swiss stocks - Factors to watch on July 29

Galderma AG

29/07/2025 05:57

ZURICH/GDANSK, July 29 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:

UBS GROUP AG UBSG.S

The Swiss bank has ordered bankers to scale back sales of complex currency derivatives after its clients suffered heavy losses due to U.S. President Donald Trump's "Liberation day" tariff announcements, the Financial Times reported on Tuesday.

SIKA SIKA.S

The Swiss chemical maker reported lower half-year sales and profit on Tuesday as the weaker dollar shrunk the construction chemicals maker's earnings when converted back into Swiss francs.

COMPANY STATEMENTS

*LEM HOLDING LEHN.S - LEM holding reported a 6.5% decline in Q1 sales yoy

*FORBO HOLDING AG FORN.S - Forbo reported H1 EBIT of CHF 33.4 Mln

*GALDERMA GALD.S - Bookrunner says Galderma secondary ABO books covered, further guidance to follow

ECONOMY

No major Swiss economic data scheduled.

 (Reporting by Zurich newsroom and Gdansk newsroom)

 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))

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