Swiss stocks - Factors to watch on May 12

  • Reuters
  • Stock Market News
Swiss stocks - Factors to watch on May 12
Credit: © Reuters.

ZURICH, May 12 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Thursday.

LAFARGEHOLCIM LHN.S

First-quarter operating profit fell more than analysts expected as earnings continue to lag following a merger in 2015 that created the world's biggest cement maker. more click LHN.S

ZURICH ZURN.S

It posted a 28 percent year-on-year drop in first-quarter net profit, a much smaller fall than analysts had forecast. LIFE SLHN.S

First-quarter premiums fall 10 percent in local currency to 6.7 billion Swiss francs ($6.90 billion), it said, well below market expectations. analysts polled by Reuters had, on average, expected gross written premiums to fall 3.2 percent to 7.15 billion francs. STATEMENTS CPR-CH

* Syngenta AG SYNN.S launches new biological seed treatment

* Sunrise Communications Group AG SRCG.S posts Q1 net income of 7 million Swiss francs, keeps 2016 guidance

ECONOMY M-CH

* Switzerland's government on Wednesday settled on the final version of new too-big-to-fail (TBTF) rules, designed to protect the Swiss economy from a major banking collapse. = 0.9708 Swiss francs)

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