Swiss stocks - Factors to watch on March 29

Swiss Steel Holding AG

29/03/2021 05:45

ZURICH/BERLIN, March 29 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Monday:
    
    SWISS STEEL  STLN.S 
    Frank Koch will take up the position of CEO on July 1.
Clemens Iller will step down on March 31, 2021, as originally
planned. Dr. Markus Boening, CFO, will hold the office of CEO ad
interim until Frank Koch joins the company.  STLN.S 
    
    NOVARTIS  NOVN.S 
    The Swiss drugmaker is laying off 400 people and closing a
U.S. gene therapy location that it bought only two years ago to
make its $2.1 million per patient treatment Zolgensma as sales
momentum for the most expensive one-time treatment stalled last
year.  urn:newsml:reuters.com:*:nL8N2LP04H

      
    COMPANY STATEMENTS
    * Schaffner  SAHN.S  said it expects a sales for the first
half of 2020/21 to be in line with prior-year period and ebit
margin to be around 7.5%.  urn:newsml:reuters.com:*:nASN001060
    * HIAG  HIAG.S  said it had acquired four commercial
properties from BR Bauhandel in a sale-and-lease-back
transaction.  urn:newsml:reuters.com:*:nFWN2LO10G
    
    ANALYSTS' VIEWS
    * MOODY'S ANNOUNCES COMPLETION OF A PERIODIC REVIEW OF
RATINGS OF DUFRY AG  DUFN.S 
    
    EX-DIVIDEND
    ABB  ABBN.S  - 0.80 sfr/shr dividend
    GIVAUDAN  GIVN.S  - 64.0 sfr/shr dividend
    
    ECONOMY
    SNB sight deposits due at 0800 GMT.
    

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