Swiss stocks - Factors to watch on Feb 7

ZURICH Mon Feb 7, 2011 2:14am EST

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ZURICH Feb 7 (Reuters) - Swiss stocks are set to rise on Monday, tracking gains in Asia, as shares in wealth manager Julius Baer were poised to rise after the group published a higher net profit and announced a share buyback.

The Swiss blue-chip index SMI.SSMI was indicated to tick up 12 points to 6,598 points, premarket data provided by bank Clariden Leu showed.CLPRE

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

JULIUS BAER (BAER.VX)

Julius Baer will buy back up to 500 million Swiss francs of shares and up its dividend, the Swiss private bank said on Monday, returning excess capital to investors following an unsuccessful acquisition hunt.

For related news click on [BAER.VX]

UBS (UBSN.VX)

* Swiss bank UBS AG will pay out less money in form of bonuses in 2010 than in the previous year, Swiss weekly Sonntag reported on Sunday.

* UBS said on Monday Sally Bott not to stand for re-election at UBS Annual General Meeting on April 28, 2011.

For related news, click on [UBSN.VX]

ACTELION [ATLN.VX]

Swiss biotech group Actelion(ATLN.VX) late on Friday rejected hedge fund shareholder Elliott Advisors' call to explore a possible sale, and for chairman and chief executive to resign from the board.

For related news, click on [ATLN.VX]

ECONOMY [M-CH]

* The Organisation for Economic Co-operation and Development (OECD) wants Switzerland to make the international hunt for tax evaders easier, a Swiss newspaper reported on Sunday.

For related news, click on [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Temenos (TEMN.S) launches T24 on Windows Azure [TEMN.S]

* Partners Group (PGHN.S) invests in senior housing assets in Canada on behalf of its clients [PGHN.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

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