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Swiss stocks - Factors to watch on April 4

ReutersApr 4, 2025 5:05 AM

- Here are some of the main factors that may affect Swiss stocks on Friday:

TARIFFS

Wall Street ends with heavy losses as Trump tariffs ignite global recession fears.

SWISS GOVERNMENT ON TRADE TARIFFS

Switzerland's government on Thursday described trade tariffs imposed on the country by U.S. President Donald Trump as incomprehensible, and vowed to stay in close communication with the European Union on how they proceed.

SWISS WATCH INDUSTRY

Swiss watch seller Sacha Davidoff was scrambling on Thursday to understand what new U.S. tariffs on Switzerland announced by President Donald Trump meant for the goods he was due to export from his shop in Geneva this week.

DOLLAR

Dollar sinks as investors grapple with tariff aftermath.

US TECH, RETAIL STOCKS

US tech, retail stocks lead rout after Trump's tariff blow.

COMPANY STATEMENTS

SWISS RE AG SRENH.S

Swiss Re's P&C reinsurance business unit has created a new global facultative market unit that will be led by Sanaa Souidi.

PSP SWISS PROPERTY AG PSPN.S

Says annual general meeting approves all proposals.

TECAN GROUP AG TECN.S

Says it will acquire certain assest relating to key Elisa Immunoassay products from Cisbio Bioassays SAS.

ANALYSTS' VIEWS

SPORTRADAR GROUP AG 1M4.F - Canaccord Genuity raises target price to $32 from $30

SONOVA HOLDING AG SOON.S - Morgan Stanley cuts target price to CHF 265 from CHF 267

STRAUMANN HOLDING AG STMN.S - Morgan Stanley cuts target price to CHF 129 from CHF 130

NOVARTIS AG NOVN.S - Deutsche Bank raises target price to CHF 115 from CHF 110

CRISPR THERAPEUTICS AG CRSP.BN - RBC cuts target price to $38 from $48

ECONOMY

Swiss March Unemployment rate due at 0545 GMT. Seen at +2.9% for unadj. and +2.7% for adj.

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FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German .SDE
All SMI constituent stocks 0#.SSMI
DJ STOXX index .STOXX
Top 10 STOXX sectors .PGL.STOXXS
Top 10 EUROSTOXX sectors .PGL.STOXXES

Swiss mid-cap index .SSMI
Swiss all-share index .SSHI
Swiss market digest .AD.S
Sector overview CH/SECTOR1
All Swiss news CH
Swiss research news CH-RCH
All equity news E

SPEED GUIDES: EQUITY, EQUITY/NEWS1, EUR/EQUITY, SWITZERLAND, REUTERS
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