February 8, 2019 / 5:45 AM / 10 months ago

Swiss stocks - Factors to watch on Feb. 8

ZURICH/BERLIN, Feb 8 (Reuters) - The Swiss blue-chip SMI was seen opening 0.2 percent lower at 9.018 points on Friday, according to premarket indications by bank Julius Baer .

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


The Swiss government raised 380 million Swiss francs ($379.3 from auctioning fifth-generation mobile frequency spectrum, it said on Friday. Swisscom, Sunrise Communications and privately owned Salt each received part of the spectrum after newcomer Dense Air dropped out of the bidding.


The lender's asset management arm has successfully tested blockchain to process investment fund trades, the latest financial institution to show an interest in technology that could speed up transactions and keep them secure.


2018 net profit rises to CHF 788 million; significant growth in operating profit of 14% to CHF 892 million; strong net inflow of new money totalling CHF 18.0 billion, with pleasing inflows across all business areas


* Ems Chemie Holding AG: FY net income reached CHF 522 million, up 7.8% on previous year; to propose ordinary dividend of CHF 15.50 per share and extraordinary dividend of CHF 4.25 per share; for 2019 sees net sales and EBIT to be at least at same level as previous year

* Graubuendner Kantonalbank: FY net profit CHF 185.1 million, up 2.7%; to leave the dividend at CHF 40.00; sees business profit between CHF 175 and 180 million for 2019

* Basilea Pharmaceutica AG: strong European Cresemba (isavuconazole) sales trigger $5 million milestone payment from Pfizer

* Cassiopea SpA: FY operating losses increased by 23,2% to EUR 13,214 thousand; at year-end, cash and cash equivalents amounted to EUR 4.6 million

* Mobimo Holding AG: FY profit of CHF 90.3 million, which is on a par with 2017 (CHF 91.5 million)

* LafargeHolcim in the U.S. announced the appointment of Jay Moreau as CEO of US Aggregates and Construction Materials operations.

* Daetwyler Holding reported a net profit of 121 million Swiss francs in 2018 and said it proposed a dividend of 3.00 Swiss francs per share.


The Swiss unemployment rate rose to a non-seasonally adjusted 2.8 percent in January from 2.7 percent in the previous month, the State Secretariat for Economic Affairs said

Reporting by Zurich newsroom and Berlin Speed Desk

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