Swiss stocks - Factors to watch on February 28
28/02/2020 05:29
ZURICH/BERLIN, Feb 28 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
CORONAVIRUS
The world is preparing for a coronavirus pandemic as hopes
the disease could be contained to China vanished and investors
dumped equities in expectation of a global recession.
urn:newsml:reuters.com:*:nL3N2AR0AY
The number of confirmed coronavirus cases in Switzerland
rose to nine, as the canton of Basel-City put a number of
children into a two-week quarantine after one of their
caregivers tested positive for the virus. urn:newsml:reuters.com:*:nL5N2AR8IW
UBS UBSG.S
Annual report due
SWISS LIFE SLHN.S
2019 results due
IRAN
The United States granted a license to allow for certain
humanitarian trade transactions with Iran's sanctioned central
bank, a move it said was in step with the formalization of a
Swiss humanitarian trade channel. urn:newsml:reuters.com:*:nL2N2AR0UU
ANALYSTS' VIEWS
JULIUS BAER BAER.S - Credit Suisse initiates with
outperform rating and chf 58.50 price target
KUEHNE UND NAGEL KNIN.S - JP Morgan cuts target price to
chf 159.22 from chf 166.21
PSP SWISS PROPERTY PSPN.S - Credit Suisse raises target
price to chf 128 from chf 109
ECONOMY
* Swiss January retail sales data due at 0730 GMT
* KOF business indicator for February due at 0800 GMT. Seen
falling to 97.5 points from 100.1 in January
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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