July 3, 2018 / 4:58 AM / 10 months ago

Swiss stocks - Factors to watch on July 3

ZURICH, July 3 (Reuters) - The Swiss blue-chip SMI was seen opening 0.3 percent higher at 8,553 points on Tuesday, according to premarket indications by bank Julius Baer .

Here are some of the main factors that may affect Swiss stocks today.


Gategroup said Singapore state investor Temasek and RRJ Capital have joined its owner HNA Group as investors in the Swiss-based airline caterer.

For more news, click on


The drug maker said it has commenced a cash offer for all the outstanding shares in Foundation Medicine at a price of US$ 137.00 per share.

For more news, click on


* Novartis’s rating has been downgraded by Moody’s to A1 with a stable outlook.

* Vontobel said it has completed the acquisition of Notenstein La Roche Privatbank, a deal which was announced in May.

* Emmi said it has increased its stake in Dutch goat and sheep’s milk product trader AVH to 90 percent from 75 percent previously.

* Burkhalter Group aid it will buy electrical engineering company Fliri & Conrad Electro, based in the Swiss canton of Grisons.

* Novartis’s Sandoz business will pay Adamis Pharmaceuticals 50 percent of the net profit from net sales of Symjepi, following a deal between the two companies, Adamis said.

* Implenia said it has sold a development in Zurich Altstetten to Swiss Prime Site.

* Baloise said it has launched a cyber insurance product for small business clients.

Reporting by Zurich newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below