Swiss stocks - Factors to watch on June 23

Schlatter Industries AG

23/06/2021 06:01

ZURICH/BERLIN, June 23(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Wednesday:
    
    CREDIT SUISSE  CSGN.s  
    GFG Alliance, a collection of global businesses and
investments owned by Sanjeev Gupta and his family, said that it
is working with Credit Suisse Asset Management to resolve the
company's remaining exposure with Credit Suisse Asset Management
funds after the Greensill Capital collapse  urn:newsml:reuters.com:*:nFWN2O40QI
    
    NOVARTIS  NOVN.S 
    The Swiss drugmaker said on Tuesday that it aims to bottle
more than 50 million doses of BioNTech's COVID-19 vaccine at its
Stein facility, after the European Union's drugs regulator
approved the plant.  urn:newsml:reuters.com:*:nFWN2O40PT
    
    INSIDER TRADING
    An ex-board member at Swiss and German companies was found
guilty of insider trading and qualified corporate espionage,
Swiss state TV reported on Tuesday, a rare instance in
Switzerland of someone being punished for taking advantage of
insider information.  urn:newsml:reuters.com:*:nL5N2O459G
      
    COMPANY STATEMENTS
    * Schlatter  STRN.S  said orders increased significantly and
it expects to post a profit for the first half of 2021.  STRN.S 
    
    ANALYSTS' VIEWS

    ECONOMY
    No major Swiss economic data scheduled.

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