November 19, 2019 / 5:27 AM / 7 months ago

Swiss stocks - Factors to watch on November 19

ZURICH/BERLIN, Nov 19 (Reuters) - The Swiss blue-chip SMI was seen opening 0.2% higher at 10,367 points on Tuesday, according to premarket indications by bank Julius Baer .

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


The private bank Julius Baer said it was unlikely to achieve its 4-6% net new money growth target this year as ongoing outflows from funds at its Italian subsidiary Kairos put ten-month inflows across the group at a growth rate below 3%.


The Swiss hearing aid maker lifted its full-year 2019/2020 sales and profit outlook on Tuesday after the Staefa-based company said a new device took market share from rivals in the first half. The shares were seen rising 2%.

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* Santhera said idebenone data from the Syros study showing a reduction in the annual rate of decline in respiratory function appears to be clinically relevant

* Temenos announced a partnership with Citi

* Newron Pharmaceuticals said that U.S. Food and Drug Administration has granted its rare pediatric disease designation for sarizotan

* Mikron is cutting jobs and capacity at its Agno site

* Idorsia is partnering with Antares to develop a drug device for selatogrel

* Valora said CFO Tobias Knechtle is leaving


* Swiss October trade data due at 0700 GMT

Reporting by Zurich newsroom and Berlin Speed Desk

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