Swiss stocks - Factors to watch on March 30

Leonteq AG

30/03/2022 06:37

ZURICH/BERLIN, March 30 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Wednesday:

    SNB
    Switzerland has become more vulnerable to a shock from its
inflated property sector, Swiss National Bank Vice Chairman
Fritz Zurbruegg said on Tuesday, adding it is not the job of
monetary policy to curb the risks.  urn:newsml:reuters.com:*:nS8N2VC0CV

    ROCHE  ROG.S  
    Roche said on Wednesday a late stage trial for its
tiragbolumab drug to treat small cell lung cancer has failed to
reach its targets.  ASM0005KH 
    
    UBS  UBSG.S 
    UBS spent 3.81 billion Swiss francs ($4.10 billion)
repurchasing its shares equivalent to 6.49% of its share capital
in its 2021 buyback, the Swiss bank said on Wednesday.
 urn:newsml:reuters.com:*:nFWN2VW10X
    
    COMPANY STATEMENTS
    * Glarner Kantonalbank  GLKBN.S  said its full-year
operating income came to 90.7 million Swiss francs.  urn:newsml:reuters.com:*:nFWN2VW10Z
    * Leonteq  LEON.S  said Swissquote was joining its
multi-issuer platform.  urn:newsml:reuters.com:*:nFWN2VW0YS
    * Orascom Development Holding  ODHN.S  reported full-year
financial results, with a 33% rise in annual revenue.
 urn:newsml:reuters.com:*:nASM0005KN
    * Swiss Prime Site  SPSN.S  said it raised 70.2 million
Swiss francs from investors in its second issue despite the
tense geopolitical situation.  urn:newsml:reuters.com:*:nFWN2VX05S
    * Varia US Properties  VARN.S  reported full-year financial
results, with net profit up at $156 million.  urn:newsml:reuters.com:*:nFWN2VX05T
    * Vaudoise Assurances Holding  VAHN.S  reported full-year
financial results and proposed an increase in its dividend.
 urn:newsml:reuters.com:*:nFWN2VW0YT
            
    ANALYST VIEWS
    GEBERIT AG  GEBN.S : HSBC CUTS TARGET PRICE TO CHF 660 FROM
CHF 690
    UBS GROUP AG  UBSG.S : JEFFERIES CUTS TARGET PRICE TO CHF 22
FROM CHF 23
    CREDIT SUISSE GROUP AG  CSGN.S : JEFFERIES CUTS TARGET PRICE
TO CHF 7.40 FROM CHF 10
    
    ECONOMY
    Swiss March KOF Indicator due at 0700 GMT. Seen at 100.8.
    Swiss March Investor Sentiment due at 0800 GMT.
    

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
((For Top News in a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German  .SDE 
All SMI constituent stocks  0#.SSMI 
DJ STOXX index  .STOXX 
Top 10 STOXX sectors  .PGL.STOXXS 
Top 10 EUROSTOXX sectors  .PGL.STOXXES 
Swiss mid-cap index  .SSMI 
Swiss all-share index  .SSHI 
Swiss market digest  .AD.S 
Sector overview  CH/SECTOR1 
All Swiss news  CH 
Swiss research news  CH-RCH   
All equity news  E 
SPEED GUIDES:   EQUITY   EQUITY/NEWS1   EUR/EQUITY   SWITZERLAND   REUTERS  ))