ZURICH Jan 10 The Swiss blue-chip SMI
was seen opening 0.2 percent higher at 8,442 points on Tuesday,
according to premarket indications by bank Julius Baer
The following are some of the main factors expected to
affect Swiss stocks:
China National Chemical Corp (ChemChina) and
Swiss pesticides and seeds group Syngenta AG have proposed
remedies to the European Union's competition watchdog to address
concerns over their $43 billion merger agreement.
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The Swiss adhesives maker expects to boost sales by 6-8
percent this year, with operating profit growing even faster, as
it opens six to eight new factories and three to four new
Sika AG said it boosted full-year 2016 revenue by 5.6
percent in local currencies to 5.75 billion Swiss francs ($5.68
billion). The company expects operating profit for the year of
between 780 million francs and 800 million francs.
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* The Swiss financial market infrastructure group SIX said
it named Romeo Lacher as chairman. Lacher has been serving as
* Evolva said it expects 2016 revenues to be about a
third lower than were expected in August, or between 9 and 10
million francs. The Swiss company, which said it believes it has
a "good financial position," expects its Eversweet product to
launch in 2018.
* SGS said it was making available a new strain of
influenza virus for use as a challenge agent in clinical trials.
It is also making an acquisition of a small company in
* Meyer Burger Technology said it has concluded two
contracts with existing Asian customers amounting to a combined
contract volume of about 20 million Swiss francs.
* Burkhalter said it is to acquire Bieri
Elektrotechnik AG based near Thun which has 20 employees and
generates around 5.5 million Swiss francs in annual sales.
* LifeWatch announced its decision to cease
offering remote patient monitoring services in the area of INR
* The Swiss unemployment rate rose to 3.5 percent in
December from 3.3 percent in the month earlier.
* Swiss Treasury to top up 0.5 pct bond maturing 2058
($1 = 1.0120 Swiss francs)
(Reporting by Zurich newsroom)