Swiss stocks - Factors to watch on April 15
15/04/2020 05:54
ZURICH/BERLIN, April 15(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
CORONAVIRUS
The Swiss death toll from the novel coronavirus has reached
900 people, the country's public health agency said on Tuesday,
rising from 885 people on Monday. urn:newsml:reuters.com:*:nZ8N29R01S
Exhibitions company MCH Group MCHN.S said it was
"surprised" by defections of luxury watch makers including Rolex
from its Baselworld event, and said it would spend the next
week's considering the fair's future. MCH Group, which has seen
Swatch UHR.S abandon Baselworld last year, had to cancel this
year's edition after the coronavirus epidemic wreaked havoc on
events across Switzerland and the world. urn:newsml:reuters.com:*:nL5N2C265R
CREDIT SUISSE CSGN.S
The No. 2 Swiss bank's shareholders should reject its
compensation report and deny its leadership a discharge in an
upcoming vote, a proxy advisor said, the latest fallout from a
spying scandal that cost ex-boss Tidjane Thiam his job.
urn:newsml:reuters.com:*:nL5N2C26GZ
FLUGHAFEN ZURICH FHZN.S
The Zurich airport operator saw flight and passenger
movements fall more than 95% in the first two weeks of April, it
said on Tuesday, as the coronavirus brought air traffic to a
virtual standstill. urn:newsml:reuters.com:*:nFWN2C214R
COMPANY STATEMENTS
* Dufry AG DUFN.S postponed its AGM. It said it expects to
convene ordinary general meeting of shareholders during the
course of May 2020, but in any event by June 30, 2020.
ANALYSTS' VIEWS
* JULIUS BAER GRUPPE AG BAER.S : SOCGEN RAISES TO BUY FROM
SELL
* TEMENOS AG TEMN.S : CREDIT SUISSE CUTS TARGET PRICE TO
CHF 130 FROM CHF 169
* UBS GROUP AG UBSG.S : SOCGEN RAISES TO BUY FROM SELL;
RAISES PRICE TARGET TO CHF 12.50 FROM CHF 10.50
ECONOMY
No major economic data scheduled.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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