Swiss stocks - Factors to watch on March 8

Liechtensteinische Landesbank Aktiengesellschaft

08/03/2018 07:03

ZURICH, March 8 (Reuters) - The Swiss blue-chip SMI  .SSMI 
was seen opening 0.2 percent higher at 8,803 points on Thursday,
according to premarket indications by bank Julius Baer
 JBPRE01 .
    Here are some of the main factors that may affect Swiss
stocks on Thursday.

    JULIUS BAER  BAER.S 
    Swiss private bank Julius Baer Gruppe AG is forming a joint
venture with Thailand's Siam Commercial Bank Pcl (SCB)  SCB.BK ,
the latest foreign entrant looking to tap growing wealth in the
Southeast Asian country.  urn:newsml:reuters.com:*:nL4N1QQ2A4
    
    UBS  UBSG.S 
    The five banks, including UBS, that settle every transaction
in London's $6.8 trillion a year gold market are changing the
rules of their clearing house to make it easier for newcomers to
join.  urn:newsml:reuters.com:*:nL5N1QP30W
    
    ROCHE  ROG.S 
    Swiss drugmaker Roche named U.S. cancer expert William Pao
head of its Pharma Research and Early Development (pRED)
business after John Reed decided to leave for what it called
personal reasons.  urn:newsml:reuters.com:*:nL5N1QQ0YJ
    
    GATEGROUP
    Chinese conglomerate HNA Group's Gategroup unit has agreed
with SunExpress to provide in-flight catering and provisioning
services for the Turkish airline's network that transports more
than seven million passengers a year, Gategroup said.
 urn:newsml:reuters.com:*:nL5N1QQ0TB

    COMPANY STATEMENTS  CPR-CH 
    * Liechtensteinische Landesbank  LLBN.S  increased net
profit by 7.1 percent during the full-year to 111.3 million
Swiss francs ($118.04 million), 
    * Baloise,  BALN.S  working with startup Think Yellow, is
launching under its life insurance a portfolio containing stocks
from Europe's sixty best corporate performers in terms of gender
equality.  BALN.S 
    * Schmolz & Bickenbach  STLN.S  expects adjusted EBITDA of
200-230 million euros in 2018, following a 45.4 percent increase
to 222.7 million euros in 2017.  STLN.S 
    * The board of Zurich Insurance  ZURN.S  will propose Alpiq
 ALPH.S  CEO Jasmin Staiblin for membership at the group's
upcoming annual general meeting.  ZURN.S 
    * Partners Group  PGHN.S  will propose Stefan Meister as its
new chairman of the board, succeeding current chairman Peter
Wuffli who will be proposed for the role of vice chairman.
 PGHN.S 
    * Cicor Technologies  CICN.S  saw revenues rises 14.4
percent to 216.7 million francs in 2017.  CICN.S 
    * Swiss Finance & Property Investment  SFPN.S  saw net
income of 19.3 million francs in 2017 and proposed an unchanged
cash distribution of 3.60 francs per share.  SFPN.S 
    * Retail lender PostFinance has become a shareholder in
Swiss financial market operator SIX, bringing the total number
of banks with a stake in the bourse to 127. "Our shareholder
base now includes all of the financial center's significant
players," SIX Chairman Romeo Lacher said in a statement.
    
    ECONOMY  M-CH 
    * The Swiss unemployment rate fell to a non-seasonally
adjusted 3.2 percent in February from 3.3 percent in the
previous month, the State Secretariat for Economic Affairs said
on Thursday.  urn:newsml:reuters.com:*:nZ8N1P401L


($1 = 0.9429 Swiss francs)

 (Reporting by Zurich newsroom)
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
 
((For Top News in a multimedia Web format on Eikon visit:
https://emea1.views.cp.extranet.thomsonreuters.biz/Explorer/NEWSxTOPNEWS.aspx?group=SP_GROUP_001&page=SP_PAGE_001&pageName=FrontPage
 FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
    
 Daily Swiss stock market report in German................ .SDE 
 All SMI constituent stocks............................ 0#.SSMI  
 News on major Swiss stock price moves.................. CH-HOT 
 FTSE Eurotop 300 index................................  .FTEU3 
 DJ STOXX index........................................  .STOXX 
 Top 10 STOXX sectors.............................  .PGL.STOXXS  
 Top 10 EUROSTOXX sectors........................  .PGL.STOXXES 
 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: 
 Swiss all-share index    .SSHI   Market statistics   CH/STATS1 
 Swiss market digest      .AD.S   Sector overview    CH/SECTOR1 
 All Swiss news              CH   Swiss research news     CH-RCH   
 All equity news              E  
     
 INTERNET ADDRESSES:              
 
Swiss Exchange  www.swx.ch/     
Eurex   www.eurexchange.com
STOXX Ltd         www.stoxx.com 
 
 SPEED GUIDES:  VX/EQUITY   EQUITY   EQUITY/NEWS1   EUR/EQUITY  
  SWITZERLAND   REUTERS  ))