Swiss stocks – Factors to watch on March 19

ZURICH, March 19 (BestGrowthStock) – Swiss stocks are poised to open
stronger on Friday, in line with markets in Europe and following
rises on Wall Street and in Asia.

The Swiss blue-chip index SMI(.SSMI: ) was indicated to open
23 points higher at 6,921 points, premarket data provided by
bank Clariden Leu showed.(CLPRE: )

The following are some of the main factors expected to
affect Swiss stocks on Friday.

SWATCH GROUP (UHR.VX: )

Swatch Group, the world’s largest watchmaker, is aiming for
full-year sales of more than 6 billion Swiss francs after seeing
a 30 percent sales jump in January and February, its chairman
was quoted as saying in an interview published on Friday.

For related news, click on [UHR.VX]

CREDIT SUISSE (CSGN.VX: )

Credit Suisse’s New York branch on Thursday launched $1.5
billion of five-year notes, said IFR, a Thomson Reuters service.
The notes are expected to yield 112.5 basis points over
comparable U.S. Treasuries, according to IFR.

For related news, click on [CSGN.VX]

UBS (UBSN.VX: )(UBS.N: )

UBS has hired Philip Wolfe, HSBC’s (HSBA.L: ) former head of
oil and gas investment banking, a person familiar with the
matter said on Thursday. Both banks decliend to comment.

For related news, click on [UBSN.VX]

COMPANY STATEMENTS [CNR-CH]

* Bachem (BANB.S: ) confirms high profitability also in the
business year 2009 [BANB.S]

* Publigroupe (PUBN.S: ): Sharp decline in marketing of press
advertising causes revenue to fall 24.1 percent to 1.6 billion
Swiss francs [PUBN.S]

* Cosmo Pharmaceuticals S.p.A. (COPN.S: ) today announced its
results for the year ended 31 December 2009. [COPN.S]

* Nobel Biocare (NOBN.VX: ) presents new promising clinical
results [NOBN.VX]

* Cham Paper Group Holding AG (CPGN.S: ): Exceptional
situation on the market for raw materials necessitates a general
price increase of 10 percent. (CPGN.S: )

* u-blox (UBXN.S: ) announces stable business in Fiscal Year
2009 [UBXN.S]

ECONOMY [M-CH]

Swiss firms and consumers should prepare for rising
borrowing costs and exchange rates that are set freely by the
market, Swiss National Bank board member Jean-Pierre Danthine
said on Thursday in his first speech since joining the SNB board.

EQUITY RESEARCH [CH-RCH]

* Citigroup raises EFG International (EFGN.S: ) price target
to 24 Sfr from 19 Sfr; rating buy [EFGN.S]

* JP Morgan lowers Baloise (BALN.VX: ) to 102 Sfr from 104
Sfr; rating overweight [BALN.VX]

* UBS raises Oerlikon (OERL.VX: ) price target to 34 Sfr from
30 Sfr; rating neutral [OERL.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

Investing Analysis

Swiss stocks – Factors to watch on March 19