Swiss stocks - Factors to watch on November 14

MoonLake Immunotherapeutics

14/11/2023 05:37

ZURICH/BERLIN, Nov 14 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
    
    SWISS REGULATOR
    Switzerland's regulator should get extra powers, such as the
ability to fine banks, a group of Swiss lawmakers said,
following the failure of Credit Suisse, the biggest bank
casualty since the global financial crisis.
    
    NESTLE  NESN.S 
    Nestle France, the French arm of Swiss packaged-food giant
Nestle, has entered exclusive talks to sell its plant in Caudry,
northern France, to Italian group Italpizza.
    
    GLENCORE  GLEN.L 
    Commodity trader and miner Glencore will take steps next
year towards a potential restart of its Nordenham zinc smelter,
which has been on care and maintenance for more than a year,
said two sources close to the matter.
    Separately, the Wall Street Journal reported Canadian miner
Teck Resources  TECKb.TO  is in advanced talks to sell its coal
assets to Glencore.
    
    MOONLAKE IMMUNOTHERAPEUTICS  MLTX.O  
    Third-quarter earnings release due.
    
    COMPANY STATEMENTS
    *Flughafen Zuerich  FHZN.S  reported that its October
passenger numbers were up 19% year-on-year.  FHZN.S 
    
    ECONOMY
    Swiss October producer/import prices due at 0730 GMT

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