October 8, 2018 / 4:47 AM / 13 days ago

Swiss stocks - Factors to watch on Oct. 8

ZURICH/BERLIN, Oct 8 (Reuters) - The Swiss blue-chip SMI was seen opening 0.2 percent higher at 9,058 points on Monday, according to premarket indications by bank Julius Baer .

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

CREDIT SUISSE

Switzerland head Thomas Gottstein tells the Aargauer Zeitung paper his business is "basically on track" to hit its financial targets and job cut plans

SWISS SKIES

The low-cost airline that aims to launch in the second half of 2019 is in talks with potential partners in the United States, Canda, the Carribean, India, Thailand and China, a spokesman told Swiss weekly SonntagsBlick when asked about its planned destinations.

PARTNERS GROUP

Partners Group is planning to raise up to 5 billion euros for its fourth buyout fund, Bloomberg reported, citing people familiar with the matter.

COMPANY STATEMENTS

* Novartis AG: FDA and EMA filing acceptance of Siponimod, the first and only drug shown to meaningfully delay disability progression in typical SPMS patients

* CPH Chemie + Papier Holding AG: increases public bond launched on 14 September from CHF 85 million to 100 million

* ASMALLWORLD AG: announces successful execution of First Class & More acquisition and raises its 2018 revenue guidance by CHF 1 million

ECONOMY

The Swiss unemployment rate held steady at a non-seasonally adjusted 2.4 percent in September, the State Secretariat for Economic Affairs said. (Reporting by Zurich newsroom and Berlin Speed Desk)

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