September 5, 2017 / 5:00 AM / 18 days ago

Swiss stocks - Factors to watch on Sept 5

ZURICH, Sept 5 (Reuters) - The Swiss blue-chip SMI was seen opening 0.2 percent higher at 8,886 points on Tuesday, according to premarket indications by bank Julius Baer .

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

COMPANY STATEMENTS

* Novartis said a phase III trial showed fingolimod reduces relapses in children, adolescents with MS.

* Sika said it has bought KVK Holding, a Czech manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. [SIK.S}

* SGS said it has bought South African construction material and geotechnical testing company Geostrada for an undisclosed sum. The business had sales of 32 million South African Rand ($2.47 million).

* MCH Group reported H1 ‍consolidated group profit without minorities of 26.5 Million Swiss francs versus 56.1 million francs a year ago​.

* Perrot Duval Holding said at its next ordinary general meeting of shareholders on Sept. 21, its board of directors proposes to add two articles to its bylaws, allowing the conditional and authorized increase of its share capital.

* BKW AG said it increased its operating revenue by 9 percent to 1.297 billion francs in the first half of 2017.

* Santhera Pharmaceuticals Holding reported a H1 ‍net loss of 22.7 million francs, greater than 18 million francs reported a year earlier.​​

* Geberit AG appoints Martin Ziegler as the new head of operations and a member of the group executive board

* Landis+Gyr said it had won one of the largest smart metering contracts yet awarded in India, with Tata Power Delhi Distribution Ltd.

* Kudelski unit NAGRA announced it has completed the integration of StarHub’s multi-network pay-TV services into the operator’s new Hubtricity facility.

ECONOMY

The Swiss economy grew by 0.3 percent in the second quarter from the previous quarter, the State Secretariat for Economic Affairs (SECO) said on Tuesday.

Consumer price inflation data for August due at 0715 GMT. Economists polled by Reuters expect prices to have remained unchanged versus July and have risen 0.5 percent year on year

$1 = 12.9425 rand Reporting by Zurich newsroom

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