Swiss stocks - Factors to watch on June 8

MindMaze Therapeutics Holding SA

08/06/2022 05:41

ZURICH/BERLIN, June 8 (Reuters) - The Swiss blue-chip SMI
 .SSMI  was seen opening 0.2% higher at 11,559 points on
Wednesday, according to premarket indications by bank Julius
Baer  JBPRE01 .
    Here are some of the main factors that may affect Swiss
stocks on Wednesday:
    
    CREDIT SUISSE  CSGN.S 
    Credit Suisse is likely to experience a group-wide loss in
the second quarter, the bank said on Wednesday, a further blow
to the embattled lender.  urn:newsml:reuters.com:*:nL8N2XV0FZ
    
    COMPANY STATEMENTS
    * Relief Therapeutics  RLFB.S  said its collaboration
partner, Acer Therapeutics, has not yet received a decision from
the U.S. FDA for new drug application for Acer-001.  RLFB.S 
    * Helvetia  HELN.S  said it had issued two senior bond
tranches totalling 400 million Swiss francs.  HELN.S 
    * Aryzta  ARYN.S  said it was setting an organic growth
target of 4.5%-5.5%, and a goal to reach total revenue of at
least €2 billion at constant pricing by the end of the period as
part of its new mid-term targets.  ARYN.S 
    
    ECONOMY
    The Swiss unemployment rate fell to a non-seasonally
adjusted 2.1% in May from 2.3% in the previous month, the State
Secretariat for Economic Affairs said on Wednesday.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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