Swiss stocks - Factors to watch on July 27
27/07/2016 05:50
ZURICH, July 27 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Wednesday:
EFG INTERNATIONAL EFGN.S
EFG International is due to report its half year results,
with analysts expecting net profit to fall by 60 percent to 19
million Swiss francs ($19.17 million).
For more news, click EFGN.S
SWISSCOM SCMN.S
Telecom Italia TLIT.MI and Swisscom SCMN.S unit Fastweb
have agreed to create a joint venture that will invest 1.2
billion euros ($1.32 billion) to help speed up the rollout of an
ultrafast broadband network in 29 cities across Italy.
urn:newsml:reuters.com:*:nL8N1AC6UH
For more news, click SCMN.S
BUCHER INDUSTRIES BUCN.S
Mechanical and vehicle engineering company Bucher Industries
reported a 7.2 percent fall in sales and a 8.2 percent decline
in profit for the first half of 2016, saying there had been a
fall in demand for agricultural equipment.
For more news, click BUCN.S
COMPANY STATEMENTS CPR-CH
* Kuehne und Nagel KNIN.S said AkzoNobel had extended
logistics cooperation for a further period of two years.
KNIN.S
* Starrag Group STGN.S reported a 64 percent increase in
order intake during the first half of the year, along with a 0.8
percent rise in sales to 183.4 million Swiss francs. STGN.S
ECONOMY M-CH
The UBS Swiss consumption CHUBSC=ECI indicator is due to
be published at 0600 GMT.
($1 = 0.9910 Swiss francs)
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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Keywords: MARKETS SWISS STOCKS/