Swiss stocks - Factors to watch on January 9
09/01/2020 05:32
BERLIN/ZURICH, Jan 9 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
SIKA SIKA.S
The Swiss construction chemicals maker said sales grew 16.3%
in local currencies to 8.11 billion Swiss francs ($8.33
billion)in 2019. It expects to post double-digit EBIT growth for
2019.
For more, click on SIKA.S
SNB SNBN.S
The Swiss National Bank is due to give preliminary data on
its full year results.
COMPANY STATEMENTS
* Novavest Real Estate NREN.S said Patrick Hauser will
start as CFO from Jan. 9. Michel Aebischer is leaving "by mutual
agreement". NREN.S
ANALYSTS' VIEWS
* Zurich Insurance Group ZURN.S : Jefferies cuts target
price to 385 Swiss francs from 400 Sfr
ECONOMY
Swiss retail sales due at 0730 GMT. Swiss foreign exchange
reserves due to be announced at around 0800 GMT.
($1 = 0.9739 Swiss francs)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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