Swiss stocks - Factors to watch on December 22

Swiss Steel Holding AG

22/12/2020 06:06

ZURICH/BERLIN, Dec 22(Reuters) - The Swiss blue-chip SMI
 .SSMI  was seen opening 0.3% higher at 10,333 points on
Tuesday, according to premarket indications by bank Julius Baer
 JBPRE01 .
    Here are some of the main factors that may affect Swiss
stocks on Tuesday:
    
    CORONAVIRUS
    The World Health Organization cautioned against major alarm
over a new, highly infectious variant of the coronavirus that
has emerged in Britain, saying this was a normal part of a
pandemic's evolution.  urn:newsml:reuters.com:*:nL1N2J11KX
    The European Union geared up to start mass vaccinations
against COVID-19 just after Christmas after the shot developed
by Pfizer  PFE.N  and its German partner BioNTech  22UAy.DE  
cleared regulatory hurdles on Monday.  urn:newsml:reuters.com:*:nL1N2J111D
    Having secured a green light from the European Medicines
Agency (EMA), the European Commission gave final approval on
Monday evening to the EU's first COVID-19 vaccine.
    
    COMPANIES
    * Swiss Steel Holding  STLN.S  says its board appointed
Frank Koch as chief executive officer of the group, effective
January 1, 2022. 
    Separately, the company announced the terms of a planned
capital increase.  urn:newsml:reuters.com:*:nASN000NXD
    * Baloise Holding  BALN.S  said 2019/20 gross rental income
at its Swiss Property Fund rose to 25 mln Sfr.  urn:newsml:reuters.com:*:nFWN2J205M
    * Polyphor  POLN.S  said it has received approval to start
the first in in hman clinical trial of the inhaled antibiotic
Murepavadin.
    * Liechtensteinische Landesbank  LLBN.S  proposes Georg
Wohlwend as its chairman.
 
    
   
    ECONOMY
    No major economic data scheduled.

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