Swiss stocks – Factors to watch on June 9

ZURICH, June 9 (BestGrowthStock) – Swiss stocks are set to tick up
on Wednesday, mirrowing a late rally on Wall Street in line with
other European bourses.

The Swiss blue-chip index SMI (.SSMI: ) was indicated to rise
15 points t0 6,260 points, premarket data provided by bank
Clariden Leu showed.(CLPRE: )

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

LONZA (LONN.VX: )

The pharmaceutical, healthcare and life science industries
supplier said on Tuesday it had entered into an agreement with
Cellectis bioresearch, a French genome customization specialist
and a commercial subsidiary of Cellectis (ALCLS.PA: ) to develop
and commercialize a bioengineered cell line.

For related news, click on [LONN.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Oerlikon (OERL.S: ) said it had successfully completed its
CHF 1,000 million rights offering.

* Baloise (BALN.VX: ) and SIGNAL IDUNA sign separation
agreement for Deutscher Ring.

* Global Natural Resources Holding (GNR.S: ) shares trading
will resume on June 9, having been halted on June 2.

EQUITY RESEARCH [CH-RCH]

* S&P upgrades ABB LTD (ABBN.VX: ) credit rating to ‘A/A-1’
from A-/A-2, outlook stable

* Credit Suisse raises Holcim LTD(HOLN.VX: ), to neutral from
underperform [HOLN.VX]

* Morgan Stanley cuts Givaudan SA (GIVN.VX: ) to equal-weight
from overweight [GIVN.VX]

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

(.EX.S: ) for all Swiss stocks

(.EXSMI.S: ) for blue chips

(.EXNSMI.S: ) for other stocks

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Swiss stocks – Factors to watch on June 9