Swiss stocks - Factors to watch on March 19
19/03/2024 05:42
ZURICH/BERLIN, March 19 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
SWISS NATIONAL BANK SNBN.S
The Swiss National Bank is easing banks' access to cash in
emergencies, working with lenders to widen the pool of assets
they can pledge to secure funds when under strain, two sources
familiar with the matter told Reuters.
Separately, the bank's 2023 annual report is due on Tuesday.
NOVARTIS NOVN.S
A U.S. appeals court on Monday revived an antitrust lawsuit
by Regeneron Pharmaceuticals REGN.O against Novartis related
to prescription treatments to address a condition that can lead
to eye disorders including permanent blindness.
TE CONNECTIVITY TEL.N
Sensor maker TE Connectivity said on Monday it would change
its jurisdiction of incorporation to Ireland from Switzerland
and plans to merge with its Ireland unit.
GEORG FISCHER AG GF.S
Full year 2023 results due.
PARTNERS GROUP HOLDING AG PGHN.S
Full year 2023 results due.
SCHINDLER HOLDING AG SCHP.S
Annual shareholders meeting.
SWISS PRIME SITE AG SPSN.S
Annual shareholders meeting.
COMPANY STATEMENTS
*Helvetica Swiss Commercial HSCF.S announced that Peter E.
Bodmer will become the new chairman and Marc Giraudon will take
on the role of sole chief executive as of April 2. HSCF.S
ANALYSTS' VIEWS
STADLER RAIL AG SRAIL.S : JP MORGAN CUTS TARGET PRICE TO
CHF 27.5 FROM CHF 30
ECONOMY
Swiss February trade due at 0700 GMT.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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