Swiss stocks – Factors to watch on Sept 1

ZURICH, Sept 1 (BestGrowthStock) – Swiss stocks are set to open
higher on Wednesday, in line with other European bourses after a
better than expected data on U.S. consumer confidence and home
prices helped Wall Street pare early losses overnight.

The Swiss blue-chip index SMI(.SSMI: ) was indicated to open
24 points higher at 6,205 points, premarket data provided by
bank Clariden Leu showed.(CLPRE: )

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

HOLCIM (HOLN.VX: )

JK Cement (JKCE.BO: ) on Tuesday denied a newspaper report
which, citing unnamed sources, said top officials of the firm
met their counterparts in Holcim AG (HOLN.VX: ) to discuss
acquisitions and joint ventures.

For related news, click on [HOLN.VX]

ECONOMY [M-CH]

* Swiss PMI data for August are due at 0730 GMT. Analysts
expect a slight dip to 66.0 points from 66.9 points.[ECONCH]

COMPANY STATEMENTS [CNR-CH]

* Straumann (STMN.S: ) launches new CADCAM dental restoration
system [STMN.S]

* Altin (ALTN.S: ) said on Tuesday thanks to an active
management of its underlying hedge fund strategies and good
manager selection, it outperformed the HFR FoF index. [ALTN.S]

* Myriad (MYRN.S: ) Group Reports EBITDA of $12.6 million
and net profit of $0.1 million for H1 2010 [MYRN.S]

* Tamedia (TAMN.S: ) increased its turnover to 386.4 million
Swiss francs in the first half year of 2010 [TAMN.S]

* Bobst (BOBNN.S: ) reports good increase of order entries in
H1, says at current exchange rates, operating profit expected
for 2010 [BOBNN.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 Sept 1