Swiss stocks - Factors to watch on Aug 11
11/08/2021 05:51
ZURICH/BERLIN, Aug 11 (Reuters) - The Swiss blue-chip SMI
.SSMI was seen opening 0.2% higher at 12,384 points on
Wednesday, according to premarket indications by bank Julius
Baer JBPRE01 .
Here are some of the main factors that may affect Swiss
stocks today:
COMPANY STATEMENTS
* VZ HOLDING AG VZN.S said operating revenues rose 17.5%
in the first half of the year. VZN.S
* SWISS STEEL STLN.S said its adjusted EBITDA during its
second quarter rose to 65.4 million euros ($76.63 million).
STLN.S
* KUROS BIOSCIENCES KURN.S said its first half net loss
had narrowed to 100,000 Swiss francs. KURN.S
ANALYSTS' VIEWS
* VIFOR PHARMA AG VIFN.S : CREDIT SUISSE CUTS TARGET PRICE
TO CHF 136 FROM CHF 144
* CREDIT SUISSE GROUP AG CSGN.S : CITIGROUP CUTS PRICE
TARGET TO CHF 14.4 FROM CHF 17.1
ECONOMY
No major Swiss economic data scheduled.
($1 = 0.8535 euros)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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