off-the-wire

Swiss stocks - Factors to watch on February 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, Feb 13(Reuters) - The Swiss blue-chip SMI was seen opening 0.1% lower at 11,119 points on Monday, according to premarket indications by bank Julius Baer . Here are some of the main factors that may affect Swiss stocks: CREDIT SUISSE Credit Suisse's senior management has lost the confidence of investors after revealing cash outflows had persisted despite signalling they had stabilised, Deka Investment, one of Germany's top investment managers, told Reuters on Friday. Also on Friday, the cost of insuring exposure to Credit Suisse debt rose by 24 basis points (bps) from Thursday's close to 320 bps, data from S&P Global Market Intelligence showed. NESTLE Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company, newspaper Tages-Anzeiger reported on Saturday.


COMPANY STATEMENTS
* HOLCIM said it has launched Europe's first calcined clay low-carbon cement operation
* ALCON : Will Make One-Time Payment To J&J Surgical Vision Of $199 Mln Under Femtosecond Settlement Agreement
* IMPLENIA Wins Contract For Lot 3 Of Line C Of The Toulouse Metro
* WISEKEY said it has publicly filed its registration statement relating to proposed spin-off of its semiconductor business ANALYSTS' VIEWS DAETWYLER HOLDING AG - CREDIT SUISSE RAISES TARGET PRICE TO CHF 190 FROM CHF 188 DKSH HOLDING AG - CREDIT SUISSE RAISES TARGET PRICE TO CHF 71 FROM CHF 70 LEONTEQ AG - CREDIT SUISSE CUTS TARGET PRICE TO CHF 75 FROM CHF 78 SWISSCOM : BARCLAYS RAISES TARGET PRICE TO CHF 530 FROM CHF 500 ECONOMY Swiss January CPI MM due at 0730 GMT. Seen at +0.3% Swiss January CPI YY due at 0730 GMT. Seen at +2.7% Swiss January CPI NSA due at 0730 GMT. (Reporting by Zurich newsroom and Berlin Speed Desk)


Daily Swiss stock market report in German All SMI constituent stocks DJ STOXX index Top 10 STOXX sectors Top 10 EUROSTOXX sectors Swiss mid-cap index Swiss all-share index Swiss market digest Sector overview All Swiss news Swiss research news All equity news SPEED GUIDES: ))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.