Swiss stocks - Factors to watch on Jan. 9
09/01/2019 05:53
ZURICH/BERLIN, Jan 9 (Reuters) - The Swiss blue-chip SMI
.SSMI was seen opening 0.4 percent higher at 8,668 points on
Wednesday, according to premarket indications by bank Julius
Baer JBPRE01 .
Here are some of the main factors that may affect Swiss
stocks :
SWISS NATIONAL BANK SNBN.S
The central bank said it expects to swing to an annual loss
of 15 billion Swiss francs ($15.29 billion) for 2018 as slumping
stock markets and the rising franc slashed the value of its
massive foreign currency investments. urn:newsml:reuters.com:*:nL8N1Z90SI
For more news, click on SNBN.S
COMPANY STATEMENTS E-CH
* Roche ROG.S said it expected mid single digit sales
growth and core EPS growth broadly in line with sales, excluding
the U.S. tax reform benefit, in 2018, according to a
presentation at a J.P. Morgan conference. ROG.S
* Intershop Holding ISN.S said it would propose the
appointment of Kurt Ritz to the Board of Directors at its annual
general meeting on April 4. ISN.S
* Basilea BSLN.S said it had positive interim results
from a registrational Phase 2 Study with Derazantinib. BSLN.S
* Orascom Development ODHN.S said it has entered into an
agreement with Samih Sawiris for the potential purchase of 1 pct
and one share of Andermatt Swiss Alps within the next two
years. ODHN.S
ANALYSTS' VIEWS BSLN.S
AMS AMS.S - Credit Suisse cuts to "underperform" from
"neutral"
LAFARGEHOLCIM LHN.S - Davy raises to "neutral" from
"underperform"
FLUGHAFEN ZUERICH FHZN.S - Barclays raises to "overweight"
from "equal weight", cuts its target price to 190 Swiss Francs
from 222 francs.
ECONOMY M-CH
* December CPI due at 0730 GMT. Seen at +0.8 pct y/y
* Swiss forex reserves due at 0800 GMT.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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FTSE Eurotop 300 index................................ .FTEU3
DJ STOXX index........................................ .STOXX
Top 10 STOXX sectors............................. .PGL.STOXXS
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Top 10 Eurotop 300 sectors....................... .PGL.FTEU3S
Top 25 European pct gainers... .PG.PEUR , losers... .PL.PEUR
Swiss mid-cap index .SSMI SMI futures 0#SMI:
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