Swiss stocks - Factors to watch on Sept. 28
28/09/2018 05:43
ZURICH/BERLIN, Sept 28 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
NOVARTIS NOVN.S
Novartis has enlisted Chinese manufacturer Cellular
Biomedicine (CBMG) CBMG.O to make its $475,000 gene-modifying
cancer treatment Kymriah as the Swiss drugmaker intends to win
approval for the therapy in the world's most populous country.
urn:newsml:reuters.com:*:nL8N1WD64W
SIG COMBIBLOC SIGNC.S
Shares in SIG Combibloc will have their first day of trading
at the Swiss stock market. A source said on Thursday the issue
price had been set at 11.25 Swiss francs per share. urn:newsml:reuters.com:*:nZ8N1VS00I
COMPANY STATEMENTS E-CH
* Kuros Biosciences KURN.S said the first patient had been
treated in randomized controlled trial of the company's product
MagnetOs in spinal fusion. KURN.S
* Schmolz & Bickenbach STLN.S said Edwin Eichler, chairman
of the board of director would not stand for re-election.
STLN.S
* WISeKey WIHN.S signed binding agreements to acquire a 22
percent interest in Tarmin.com and to launch a new secure cloud
offering. WIHN.S
* Mikron MIKN.S said it would buy 400,000 of its own
shares, representing 2.39 percent of share capital, from
VERAISON SICAV. As a consequence, VERAISON SICAV will fall below
the threshold of 10 percent of the voting rights. MIKN.S
* Ascom ASCN.S said Andreas Umbach would not stand for
re-election as chairman of the board at the annual general
meeting 2019. [ASCN.S>
* Kuehne & Nagel KNIN.S said it was expanding its regional
network in Central Asia and in Caucasus. KNIN.S
ECONOMY M-CH
Swiss KOF indicator for September due at 0700 GTM. Seen at
101.0 vs 100.3 a month earlier.
($1 = 0.9693 Swiss francs)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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