Swiss stocks – Factors to watch on Dec 16

ZURICH, Dec 16 (BestGrowthStock) – Swiss stocks are expected to open
little changed on Thursday as investors await to hear if Swiss
central bankers stick to their ultra-low interest rate policy as
expected later in the morning.

The Swiss blue-chip index SMI (.SSMI: ) was indicated to open
4 points higher at 6,567 points, premarket data provided by bank
Clariden Leu showed.(CLPRE: )

All 37 economists polled by Reuters from Dec 6 to 9 forecast
that the SNB will hold its target for the 3-month Swiss franc
LIBOR unchanged at 0.25 percent. [ID:nSLA9NE6KB]

The following are some of the main factors expected to
affect Swiss stocks on Thursday:

VONTOBEL (VONN.S: )

The Swiss private bank has named Zeno Staub its new chief
executive, saying he will steer a course similar to that of his
predecessor.

For related news click on [VONN.S]

ROCHE (ROG.VX: )

U.S. and European officials may decide this week that
Roche’s top drug should no longer be approved for breast cancer,
an unusual step that could shave $1 billion from annual sales as
insurers refuse coverage.

For related news click on [ROG.VX]

ECONOMY [M-CH]

* Third-quarter industrial orders are due at 0815 GMT.
(ECONCH: )

* The Swiss National Bank announces its interest rate
decision at 0830 GMT. (ECONCH: )

COMPANY STATEMENTS [CNR-CH]

* Stason and Lonza (LONN.VX: ) say they have signed an
agreement to license the GS Gene Expression System to develop
and manufacture tissue necrosis therapy (TNT) antibodies
[LONN.VX]

* Mikron Holding AG (MIKN.S: ) said Mikron Machining has
joined forces with DKSH in Japan [MIKN.S]

* Partners Group (PGHN.S: ) said it is providing mezzanine
financing to RBS WorldPay on behalf of its clients [PGHN.S]

* Evolva Holding SA (EVE.S: ) said it has initiated a multiple
ascending dose Phase I clinical study with an extended release
oral formulation of EV-077 [EVE.S]

* Cytos Biotechnology (CYTN.S: ) said it will receive fees for
the development, manufacture and supply of an influenza vaccine
candidate [CYTN.S]

* Meyer Burger (MBTN.S: ) said it has signed a deal worth more
than 55 million Swiss francs with a customer in Asia.

* Swiss bourse SIX said it has reprimanded Bank Coop AG
(BC.S: ) for violating ad hoc publicity rules [BC.S]

EQUITY RESEARCH [CH-RCH]

For companies trading ex-dividend, please click on:

(.EX.S: ) for all Swiss stocks

(.EXSMI.S: ) for blue chips

(.EXNSMI.S: ) for other stocks

Swiss stocks – Factors to watch on Dec 16