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Equity News
Sep 11 2008 12:06PM
Swiss stocks - Factors to watch on Sept 11

ZURICH, Sept 11 (Reuters) - Swiss shares were poised to open marginally higher on Thursday, but concerns about the credit crisis were likely to linger, dampening the mood.

The Swiss blue-chip index SMI<.SSMI> was indicated to rise 18 points to 7,139 points, according to data provided by bank Clariden Leu.<CLPRE>

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

CREDIT SUISSE <CSGN.VX>

Credit Suisse Group Finance (Guernsey) Ltd sold 64.3 billion yen ($596.5 million) yen of Samurai bonds in three tranches, lead manager Credit Suisse Securities said on Thursday.

For related news, click on [CSGN.VX]

SWATCH GROUP <UHR.VX>

Swatch Group would buy a retailer in Europe, the Chairman of the world's largest watchmaker was quoted as saying on Thursday, but he ruled out the takeover of Junghans or investing in Peace Mark.

For related news, click on [UHR.VX]

COMPANY STATEMENTS [CNR-CH]

* SWX Swiss Exchange to open investigation against Lonza Group AG <LONN.VX> [LONN.VX-CH]

* Coltene <CLTN.S> announces share buyback of 50 million Swiss francs ($44.37 million)

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

((Zurich newsroom +41 58 306 7340, fax 41 44 251 0476, [email protected])) ($1=1.127 Swiss Franc)

Keywords: MARKETS SWISS STOCKS

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