Swiss stocks - Factors to watch on July 30

Kardex Holding AG

30/07/2020 05:45

ZURICH/BERLIN, July 30 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    CORONAVIRUS
    Asian stocks were boosted by the promise of ultra-easy
monetary policy globally as the U.S. Federal Reserve left
interest rates near zero to support the country's virus-battered
economy, sending the dollar to a two-year trough.  urn:newsml:reuters.com:*:nL3N2F10YA
    
    
    CREDIT SUISSE  CSGN.S  
    Q2 results due. Additionally, the lender is hiring Morgan
Stanley dealmaker Tara Luthra to help expand its investment
banking operations in the Middle East, Bloomberg reported.
 urn:newsml:reuters.com:*:nL3N2F04PX
    
    LAFARGEHOLCIM  LHN.S  
    The company said it saw a recovery in construction markets
in June after the coronavirus pandemic battered its sales and
profit during the second quarter.  urn:newsml:reuters.com:*:nFWN2F100O
    
    NESTLE  NESN.S  
    Half-year results due  
    
    CLARIANT  CLN.S  
    Half-year results due
    
      
    COMPANY STATEMENTS
    * GAM Holding  GAMH.S : Bantleon Bank has acquired about 10%
of voting rights, according to a filing https://bit.ly/3gcAG5R.
    * Orascom Development  ODHN.S  announced the appointment of
Omar El Hamamsy as CEO, effective Sept. 1.  urn:newsml:reuters.com:*:nEQch9mWma
    * Kardex  KARN.S  report a net profit of 17.1 million Euros
for the first half.  urn:newsml:reuters.com:*:nFWN2F01OK
    
    
    ECONOMY
    Swiss July KOF indicator due at 0700 GMT. Seen at 75.0
    

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