Swiss stocks - Factors to watch on May 2

Leclanche SA

02/05/2024 05:58

ZURICH/BERLIN, May 2 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Thursday:
    
    CREDIT SUISSE
    South Korea's financial authorities have notified Credit
Suisse AG it could face 50 billion won ($36.32 million) in fines
over allegations it breached short-selling rules, South Korea's
Chosun Ilbo daily reported on Thursday, citing industry sources.

    COMPANY STATEMENTS
    LECLANCHE  LECN.S  
    Enhances value proposition with new pfas-free and niobium
oxide cells, enters testing phase with key partners.
    
    SWISSCOM  SCMN.S 
    First quarter results due.  
    
    ANALYSTS' VIEWS
    *LOGITEC LOGN.S  - JP MORGAN CUTS TO NEUTRAL FROM
OVERWEIGHT, CUTS TARGET PRICE TO $85 FROM $92
    *LOGITEC LOGN.S  - WEDBUSH CUTS TARGET PRICE TO $88 FROM $92
    *STRAUMANN HOLDING STMN.S  - JEFFERIES CUTS TARGET PRICE TO
CHF 130 FROM CHF 140
    * CLARIANT AG CLN.S  - JP MORGAN RAISES TARGET PRICE TO CHF
15 FROM CHF 14.5  

    ECONOMY
    Swiss April CPI due at 0630 GMT. Seen +0.1 m/m, +1.1 y/y.
    Swiss March Retail Sales due at 0630 GMT.
    Swiss April Manufacturing PMI due at 0730 GMT.
    

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