Swiss stocks - Factors to watch on December 20

Kardex Holding AG

20/12/2022 05:40

ZURICH/BERLIN, Dec 20(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
    IDORSIA
    Swiss biotech company Idorsia has submitted a new
application for approval of the drug aprocitentan to the U.S.
Food and Drug Administration.  urn:newsml:reuters.com:*:nTUA303TRV
    COMPANY STATEMENT
    * Sika  SIKA.S  said it is opening a new plant for liquid
membranes and mortar production in Southwestern China.  SIKA.S 
    * Perestroika (Cyprus) Ltd reported a 11.4% stake in
Transocean Ltd  RIGN.S  as of Dec. 12, 2022 versus 9.94% as of
May 13, 2022, according to an SEC filing.  RIGN.S 
    * SIG Group  SIGNC.S  announced the departure of CFO Frank
Herzog on Tuesday.  SIGNC.S 
    ANALYSTS' VIEWS
    KARDEX HOLDING AG  KARN.S : JEFFERIES CUTS TARGET PRICE TO
CHF 200 FROM CHF 205
    CREDIT SUISSE GROUP AG  CSGN.S : RBC REINSTATES COVERAGE
WITH SECTOR PERFORM RATING; TARGET PRICE CHF 3.50
    CREDIT SUISSE GROUP AG CSGN.S: CITIGROUP RESUMES COVERAGE
WITH BUY RATING; TARGET PRICE CHF 3.7
    ECONOMY
    Swiss November trade balance due at 0700 GMT.
 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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