Swiss stocks - Factors to watch on October 2

Von Roll Holding AG

02/10/2023 05:43

ZURICH/BERLIN, Oct 2(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Monday:
    
    UBS  UBSG.S 
    UBS said on Saturday it was not aware of a probe by the U.S.
Department of Justice into alleged sanctions-related compliance
failures, after a media report earlier this week.
    Separately, Credit Suisse has reached an 11th-hour
out-of-court settlement with Mozambique over the decade-old $1.5
billion-plus "tuna bond" scandal, the Swiss bank's new owner UBS
said on Sunday, drawing a line under a damaging dispute it
inherited.
      
    COMPANY STATEMENTS
    *Von Roll Holding  ROL.S  said Altana has acquired a
majority stake in the company.  ROL.S 
    *Wisekey International Holding AG  WIHN.S  reported 39%
revenue growth in the first half to $15.1 million.  WIHN.S 
    
    ANALYSTS' VIEWS
    SCHINDLER HOLDING AG  SCHP.S : JP MORGAN CUTS TARGET PRICE
TO CHF 220 FROM CHF 230
    UBS GROUP AG  UBSG.S : JP MORGAN RAISES TARGET PRICE TO CHF
31 FROM CHF 27
    ADECCO GROUP AG  ADEN.S : JEFFERIES RAISES TARGET PRICE TO
CHF 33 FROM CHF 30
    STRAUMANN  STMN.S : HSBC RAISES TO HOLD FROM REDUCE
    
    ECONOMY
    Swiss August retail sales due at 0630 GMT
    Swiss September manufacturing PMI due at 0730
    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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