Swiss stocks - Factors to watch on August 14
14/08/2023 05:32
ZURICH/BERLIN, Aug 14(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Monday:
UBS UBSG.S
Retail investors who lost money when Credit Suisse was taken
over by UBS in March plan to file a lawsuit challenging the
buyout, the Financial Times reported on Sunday.
COMPANY STATEMENTS
*Ratings agency S&P affirmed Switzerland's "AAA/A-1+" rating
and said the outlook for the rating is stable.
*Novartis NOVN.S said it has completed the acquisition of
Chinook Therapeutics. NOVN.S
ANALYSTS' VIEWS
BUCHER INDUSTRIES AG BUCN.S : CREDIT SUISSE CUTS TARGET
PRICE TO CHF 440 FROM CHF 473
ECONOMY
SNB data on Swiss 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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