Swiss stocks - Factors to watch on May 31

Gurit Holding AG

31/05/2021 05:55

ZURICH/BERLIN, May 31 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday:

    NESTLE  NESN.S 
    Nestle, has acknowledged in an internal document that more
than 60% of its mainstream food and drinks products do not meet
a "recognised definition of health", The Financial Times
reported.  urn:newsml:reuters.com:*:nL3N2NI14S
    
    SNB
    Swiss National Bank (SNB) Chairman Thomas Jordan sees only
modest inflation risk in Switzerland as the central bank
maintains cautious optimism for global economic recovery, he
said in a newspaper interview published on Saturday.
 urn:newsml:reuters.com:*:nL2N2NG048
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse is temporarily barring clients from
withdrawing all their cash from a fund that invests with
Renaissance Technologies.  urn:newsml:reuters.com:*:nL3N2NF3NB
      
    COMPANY STATEMENTS
    * Novartis  NOVN.S  said a phase III study showed BEOVU met
the primary endpoint of non-inferiority in change in best
corrected visual acuity from baseline.  NOVN.S 
    * Cosmo Pharmaceuticals  COPN.S  said its shareholders had
approved all agenda items at annual general meeting.  COPN.S  
    * Gurit Holding  GUR.S  said it had extended its contract
with Pilatus Aircraft for five years.  GUR.S 
    
    
    
    ECONOMY
    Swiss April official reserves assets due at 0700 GMT. 
    SNB sight deposits due at 0800 GMT.
    

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