Swiss stocks - Factors to watch on May 2

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, May 2 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:


GEBERIT First quarter results due.


LOGITECH Computer peripherals maker Logitech International SA reported a 22% drop in fourth-quarter sales to $960 million on Tuesday. UBS The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial whistleblowers to win retaliation lawsuits against their employers as the justices took up a long-running case involving Switzerland's UBS Group AG . Also, as UBS's takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business's current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday. COMPANY STATEMENTS
* Baloise reported after market close on Friday that its solvency ratio for 2022 was 240%.
* Highlight Event and Entertainment on Friday said its 2022 consolidated sales rose to CHF 524 million
* Swiss Life Holding reported after market close on Friday that its SST ratio was 215% on Jan. 1, 2023.
* Transocean reported a quarterly adjusted loss of 38 cents?? per share for the quarter ended in March. ANALYSTS' VIEWS CLARIANT AG : CREDIT SUISSE ASSUMES COVERAGE WITH OUTPERFORM RATING; PRICE TARGET CHF 21 NOVARTIS AG : JEFFERIES RAISES TARGET PRICE TO CHF 105 FROM CHF 100 SGS SA : CREDIT SUISSE STARTS WITH OUTPERFORM RATING; TARGET PRICE CHF 100


ECONOMY Swiss Q2 consumer confidence due at 0700 GMT. Swiss April Manufacturing PMI due at 0730 GMT.


SNB data on Swiss sight deposits due at 0800 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.