January 16, 2020 / 5:44 AM / a month ago

Swiss stocks - Factors to watch on January 16

BERLIN/ZURICH, Jan 16 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1% higher at 10,678 points on Thursday, according to premarket indications by bank Julius Baer .

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

Credit Suisse

The bank still has questions to answer about its surveillance activities which came to light last year, the head of Switzerland's financial watchdog said.

For more news

Geberit

The company reported a 1.9% increase in organic sales during its fourth quarter, helped by strong demand in eastern Europe and Italy.

For more news

COMPANY STATEMENTS

* Inficon Holding sees 2019 sales falling to $382 mln after postponing deliveries

ANALYSTS' VIEWS

* JULIUS BAER GRUPPE AG: Jefferies starts with buy rating; price target of chf 66

* PSP SWISS PROPERTY AG: JP Morgan cuts to underweight from neutral

ECONOMY

No major economic data scheduled.

Reporting by Zurich newsroom and Berlin Speed Desk

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