Swiss stocks - Factors to watch on November 4
04/11/2019 05:49
ZURICH/BERLIN, Nov 4 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Monday:
SNB SNB-RTRS-LEN
The Swiss National Bank (SNB) may need to take its interest
rates further into negative territory, its chairman Thomas
Jordan said in an interview with the weekly NZZ am Sonntag.
"The phase of low interest rates could last even longer, and
a further easing of monetary policy may also be necessary under
certain circumstances," Jordan told the paper in an interview
that was published on Sunday, echoing recent comments from his
deputy Martin Schlegel. urn:newsml:reuters.com:*:nL8N27I0K8
ZURICH INSURANCE ZURN.S-E
The head of the group's claims business told German weekly
Bild am Sonntag that pay-outs to Thomas Cook Germany customers
are due to start in December at the latest. Zurich Insurance
ZURN.S has received claims amounting to 250 million euros
($279 million) so far, which it estimates to be significantly
more than half of what eligible parties might claim altogether.
Horst Nussbaumer also said that 150,000 claims have been
received and a thousand still come in every day.
COMPANY STATEMENTS E-CH
* Zur Rose Group ROSEG.S said on Friday that it had
increased its public bond to 200 million francs. ROSEG.S
* Mobilezone MOZN.S said Murat Ayhan will be leaving the
Group Executive Board at the end of the year MOZN.S
* Rapid Nutrition RAPI.S reported a FY opearting profit of
$1.02 million, versus $1.91 million a year earlier. RAPI.S
ANALYSTS' VIEWS
ECONOMY M-CH
Swiss Q4 consumer confidence due at 0645 GMT.
($1 = 0.8957 euros)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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