Swiss stocks - Factors to watch on June 11
11/06/2024 06:13
ZURICH/GDANSK, June 11(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
SNB SNBN.S
The race to appoint the new Swiss central bank chief is
nearing an end. The Swiss National Bank's supervisory board is
in the final stages of deciding its candidate to replace
outgoing Chairman Thomas Jordan, people familiar with the matter
have told Reuters. (Full story)
Dsm-Firmenich DSFIR.AS
The soaring popularity of weight-loss drugs are likely to
spur demand for dietary supplements and healthier food
formulations, creating growth opportunities for Dsm-firmenich,
peer of Givaudan GIVN.S , the CEO of the flavours to nutrition
company told Reuters. (Full story)
COMPANY STATEMENTS
*Helvetia HELN.S - Places bond of CHF 230 mln
* Molecular Partners MOLN.S - share positive preclinical
data with Orano Med of their dll3-targeting radio-darpin therapy
(rdt) candidate mp0712
* Medartis Holding AG MEDA.S - Medartis announces
resignation of CEO Christoph Brönnimann
ANALYSTS' VIEWS
SWATCH GROUP AG UHR.S - JEFFERIES CUTS TARGET PRICE TO CHF
200 FROM CHF 210
KOMAX HOLDING AG KOMN.S - BAADER HELVEA DOWNGRADES TO ADD
FROM BUY; CUTS TARGET PRICE TO CHF 175 FROM CHF 215
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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