January 4, 2019 / 5:58 AM / 5 months ago

Swiss stocks - Factors to watch on Jan. 4

ZURICH/BERLIN, Jan 4 (Reuters) - The Swiss blue-chip SMI was seen opening higher on Friday, according to premarket indications by bank Julius Baer.

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

CREDIT SUISSE

Three former Credit Suisse Group bankers were arrested in London on Thursday on U.S. charges that they took part in a fraud scheme involving $2 billion in loans to state-owned companies in Mozambique, a spokesman for U.S. prosecutors said.

SIX SWISS EXCHANGE

Trading turnover in 2018 rose 1.1 percent to 1.361 trillion Swiss francs. The number of trades rose 17.3 percent to 60.3 million. The market share of SIX in Swiss large-cap trading rose to 70.6 percent from 68.3 percent, SIX said.

COMPANY STATEMENTS

* HBM Healthcare Investments AG: 9M net profit of around CHF 81 million versus 85.6 million year ago; NAV in year 2018 +9.9%

* Zur Rose Group: Increased share capital by 355,887 shares.

* Emmi AG: acquires blue cheese plant from Great Lakes Cheese Company

* Basilea's partners generated Cresemba sales of more than $150 million in 2018

* Jungfraubahn Holding said it transported 1.07 million passengers in 2018, up 2.4 percent

RESEARCH

SONOVA HOLDING AG: BERNSTEIN CUTS PRICE TARGET TO SFR 155 FROM SFR 160

STRAUMANN HOLDING AG: BERNSTEIN CUTS PRICE TARGET TO SFR 680 FROM SFR 755

LONZA GROUP AG: CREDIT SUISSE CUTS PRICE TARGET TO SFR 300 FROM SFR 330

CASSIOPEA SPA: JEFFERIES CUTS PRICE TARGET TO SFR 70

COSMO PHARMACEUTICALS NV: JEFFERIES CUTS PRICE TARGET TO SFR 155

IDORSIA LTD: JEFFERIES CUTS PRICE TARGET TO SFR 18

LONZA GROUP AG: JEFFERIES CUTS PRICE TARGET TO SFR 365 (Reporting by Zurich newsroom and Berlin Speed Desk)

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