August 16, 2019 / 5:15 AM / a month ago

Swiss stocks - Factors to watch on August 16

ZURICH/BERLIN, Aug 16 (Reuters) - The Swiss blue-chip SMI was seen opening 0.5% higher at 9,650 points on Friday, according to premarket indications by bank Julius Baer .

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

ROCHE

The U.S. Food and Drug Administration approved Roche Holding AG's ROG.S personalised cancer treatment, which targets tumors with specific genetic mutations, irrespective of where in the body the disease started, the agency said on Thursday.

SYNGENTA

China National Chemical has started gearing up for a listing of Syngenta - Bloomberg

Source link: bloom.bg/306wUmr

MARKETS

SIX Swiss Exchange weighs buying EU-based bourse - Bloomberg

Source link: bloom.bg/307LABU

COMPANY STATEMENTS

* Gurit Holding said operating profit rose to CHF 27.5 million in the first half of 2019 from CHF 16 million last year.

RESEARCH

SIKA AG: CREDIT SUISSE CUTS TARGET PRICE TO SFR 160 FROM SFR 170

ECONOMY

No major economic data due. (Reporting by Zurich newsroom and Berlin Speed Desk)

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