Swiss stocks - Factors to watch on April 17
17/04/2020 06:30
ZURICH/BERLIN, April 17(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
CORONAVIRUS
Switzerland will fine shoppers who ignore
coronavirus-related border restrictions in their hunt for good
deals in neighbouring countries, the government said on
Thursday.
ROCHE ROG.S
The drugmaker aims by next month to offer blood tests to
identify those who had been infected with the coronavirus,
potentially helping inform locked-down nations of who might have
some immunity and be able to resume work or contact with the
public. urn:newsml:reuters.com:*:nL5N2C467Y
COMPANY STATEMENTS
* Swatch Group UHR.S recommended cutting its 2019 dividend
by 30% from original plans and reducing the fixed pay of board
members by the same amount, the company said on Friday, citing
"drastic" consequences of the new coronavirus. urn:newsml:reuters.com:*:nFWN2C41I7
* Lonza LONN.S said first-quarter net sales rose 7.4%
quarter-on-quarter in constant exchange rate, adding that the
group was able to continue as planned with key strategic growth
projects and long-term investments. urn:newsml:reuters.com:*:nFWN2C41JX
* SGS SGSN.S issues 175 million Sfr and 325 Sfr million
bonds. Separately, the company said the pandemic was having a
"huge" effect on medical devices and other businesses.
urn:newsml:reuters.com:*:nFWN2C41I9
* Mikron Holding MIKN.S said that up to 110 jobs were
affected as demand from automotive industry was not expected to
recover in medium term. urn:newsml:reuters.com:*:nFWN2C41I6
* Metall Zug AG METN.S said its medical devices business
unit (Haag-Streit Group), has signed an agreement to acquire a
majority of shares in Vrmagic Holding AG based in Mannheim,
Germany
* Conzzeta CONC.S reported first net revenue of 298.4
million Sfr. urn:newsml:reuters.com:*:nFWN2C500C
* Phoenix Mecano PM.S said full-year adjusted operating
result was down at 39.5 million euros. urn:newsml:reuters.com:*:nL8N2C403T
ANNUAL GENERAL MEETINGS
SWISS RE SRENH.S - 5.90 CHF/shr dividend proposed
ANALYSTS' VIEWS
SONOVA HOLDING AG SOON.S : JP Morgan cuts to "neutral" from
"overweight"
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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