Swiss stocks - Factors to watch on Oct 30

ZURICH | Fri Oct 30, 2009 3:05am EDT

ZURICH Oct 30 (Reuters) - Swiss stocks are poised to open higher on Friday, in line with markets across Europe and tracking gains on Wall Street after third quarter U.S. gross domestic product data boosted investor sentiment.

The Swiss blue-chip index SMI .SSMI was indicated to open 37 points higher at 6,387 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.

UBS (UBSN.VX)(UBS.N)

Swiss bank UBS, is likely to show ongoing client outflows in the third quarter even as it reports a narrower quarterly net loss next week.[nLT321132]

For related news, double-click on [UBSN.VX]

GOTTEX (GFMN.S)

Gottex (GFMN.S) said it was seeing strong institutional interest in its funds thanks to a new managed account platform, lower management fees and a longer vesting period for performance fees.[nLT15809]

For related news, double-click on [GFMN.VX]

ECONOMY [M-CH]

* KOF October economic barometer (1030 GMT)

COMPANY STATEMENTS [CNR-CH]

* Enersys to buy battery business from Accu Holding (ACUN.S)

* Sika AG (SIK.S) said it had a net profit of 199.9 million Sfr in the nine months to September 30, down 22.7 percent from a year earlier.

EQUITY RESEARCH [CH-RCH]

* Deutsche bank cuts Lonza (LONN.VX) price target to 78 Sfr from 125 Sfr.

* Citigroup cuts Lonza price target to 110 Sfr from 90 Sfr.

* Jeffries cuts Lonza (LONN.VX) to hold from buy.

* UBS raises Geberit (GEBN.VX) price target to 165 Sfr from 150 Sfr.

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

.EX.S for all Swiss stocks

.EXSMI.S for blue chips

.EXNSMI.S for other stocks

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