Swiss stocks - Factors to watch on April 16

DocMorris AG

16/04/2024 05:46

ZURICH/BERLIN, April 16 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Tuesday:
    
    UBS  UBSG.S 
    Estimates that Swiss bank UBS will require another $15
billion to $25 billion in capital under government proposals
aimed at making the banking sector more robust are broadly
right, Swiss Finance Minister Karin Keller-Sutter was quoted as
saying on Tuesday.
    
    SIKA AG  SIKA.S  
    Swiss chemicals maker Sika AG on Tuesday reported a 13.8%
increase in its first-quarter sales and confirmed its outlook
for 2024.
    
    NOVARTIS  NOVN.S 
    Novartis said on Monday new Novartis Fabhalta data showed
clinically meaningful and statistically significant proteinuria
reduction of 38.3% versus placebo for patients with IgA
nephropathy.
      
    COMPANY STATEMENTS
    
    DOCMORRIS AG  DOCM.S  
    First-quarter results due.
    
    SULZER AG  SUN.S 
    Annual General Meeting 2024 due.
    
    ANALYSTS' VIEWS
    SGS SA  SGSN.S : JP MORGAN RAISES TO OVERWEIGHT FROM NEUTRAL
    
    EX-DIVIDEND
    STRAUMANN AG  STMN.S  - 0.85 CHF/shr dividend
     
    ECONOMY
    No major Swiss economic data scheduled.

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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