Swiss stocks - Factors to watch on June 28

Reuters06-28

June 28 - Here are some of the main factors that may affect Swiss stocks on Friday:

UBS

Media - FIFA is working with UBS to raise up to $2 billion to expand its streaming service, Bloomberg News reports.

Ten large banks including UBS will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $469.5 trillion market for interest rate swaps.

COMPANY STATEMENTS

* Esprit Holdings Ltd - Insolvency Filing By A Switzerland Subsidiary

* Leclanche Sa - Shareholders Have Approved Conversion Of Chf 84.7 Mln In Debt Into Company Shares

* Luzerner Kantonalbank - Raises Profit Forecast For 2024

ANALYSTS' VIEWS

SWATCH - HSBC CUTS TARGET PRICE TO CHF 210 FROM CHF 250

ECONOMY

Swiss KOF Indicator for June due at 0700 GMT. Seen at 101.0.

Swiss official reserves assets for May due at 0700 GMT.

(Reporting by Zurich newsroom and Gdansk newsroom)

((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))

((For Top News in a multimedia Web format on Eikon visit: FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON: 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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment