Swiss stocks - Factors to watch on March 8

Swiss Steel Holding AG

08/03/2023 05:46

ZURICH/BERLIN, March 8 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on March 8:
          
    CREDIT SUISSE  CSGN.S 
    Credit Suisse has received regulatory green light from China
after years of waiting to launch a full-fledged wealth
management business in the world's second-biggest economy,
according to a company memo reviewed by Reuters.
    
    GIVAUDAN  GIVN.S 
    Swiss fragrance and flavour maker Givaudan said on Tuesday
that it was being investigated by European Union and Swiss
antitrust authorities after the EU announced earlier it had
raided several companies on concerns of a cartel in the supply
of fragrances and fragrance ingredients.
    
    SNB
    The Swiss National Bank cannot rule out that it will have to
raise interest rates again to bring inflation under control,
Chairman Thomas Jordan said on Tuesday.
    
    COMPANY STATEMENTS
    * Logitech Expects First Half FY 2024 Revenue Between $1.8
Billion And $1.9 Billion 
    
    SWISS STEEL  STLN.S  
    2022 Full year results due.
    
    GEBERIT  GEBN.S  
    2022 Full year results due.
    
    ANALYSTS' VIEWS
    KUEHNE UND NAGEL INTERNATIONAL AG  KNIN.S : BAADER EUROPE
RAISES TARGET PRICE TO CHF 278 FROM CHF 239
    ASCOM HOLDING AG  ASCN.S : CREDIT SUISSE RAISES TARGET PRICE
TO CHF 9.50 FROM CHF 8.10
    SWISS LIFE HOLDING AG  SLHN.S : CREDIT SUISSE RAISES TARGET
PRICE TO CHF 630 FROM CHF 505
    
    ECONOMY
    
    No major Swiss economic data scheduled.

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