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Swiss stocks - Factors to watch on Sept 25

Swiss stocks - Factors to watch on Sept 25
From Reuters - September 24, 2017

ZURICH, Sept 25 (Reuters) - The Swiss blue-chip SMI was seen opening 0.3 percent lower at 9,113 points on Monday, according to premarket indications by bank Julius Baer .

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

ABB

ABB has agreed to buy GEs Industrial Solutions business for $2.6 billion to strengthen its number-two global position in electrification

Shares indicated 0.8 percent higher

ROCHE

Immunotherapy Tecentriq has won European Union approval for treating advanced lung and bladder cancer, the Swiss drugmaker said.

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SWATCH

The watch group posted very positive sales growth in September, continuing an upward trend since midyear, Chief Executive Nick Hayek told the Schweiz am Wochenende newspaper.

CLARIANT

The speciality chemicals maker ruled out trying to change the ratio of shares it would control in a merged entity with Huntsman Corp, Schweiz am Wochenende cited a spokesman as saying, noting the partners binding merger agreement would not allow this.

AXPO

WALTER MEIER

COMPANY STATEMENTS

ECONOMY

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