Swiss stocks - Factors to watch on September 19

SHL Telemedicine

19/09/2019 06:09

ZURICH, Sept 19 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    CLARIANT  CLN.S  
    The Swiss speciality chemicals maker must pay a 750,000
Swiss franc ($752,861) penalty for breaking publication rules in
relation to its failed merger with U.S.-based Huntsman Corp.
 HUN.N , the SIX Swiss Exchange said on Thursday.  urn:newsml:reuters.com:*:nFWN2690QZ
    
    NOVARTIS  NOVN.S  
    Sandoz said on Wednesday it was halting distribution of its
versions of the drug commonly known as Zantac in all its
markets, after contaminants were found in the heartburn drug.
 urn:newsml:reuters.com:*:nL3N2693A5
    
    
    COMPANY STATEMENTS
    * Orascom Development Holding  ODHN.S  said it successfully
placed a 100 million Swiss franc bond.  urn:newsml:reuters.com:*:nFWN2690VO
    * SHL Telemedicine  SHLTN.S  said net income in the first
half-year came in at $4 million.  urn:newsml:reuters.com:*:nFWN2690VO
    
 
    ECONOMY  M-CH 
    * Swiss August trade data due at 0600 GMT.
    * Swiss National Bank monetary policy assessment due at 0730
GMT. The Swiss National Bank is expected to shrug off the
European Central Bank's latest interest rate cut and not trim
its own negative rate, according to analysts polled by Reuters.
 urn:newsml:reuters.com:*:nL5N2643FT

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