October 20, 2017 / 4:43 AM / a month ago

Swiss stocks - Factors to watch on Oct 20

ZURICH, Oct 20 (Reuters) - The Swiss blue-chip SMI was seen opening 0.3 percent higher at 9,257 points on Friday, according to premarket indications by bank Julius Baer .

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

SWISS RE

The reinsurer estimated its claims burden from hurricanes Harvey, Irma and Maria and the Mexico earthquakes at $3.6 billion

Shares indicated 1 percent higher

ZURICH INSURANCE

Zurich to offload British subsidiary Endsleigh - Sky News

bit.ly/2gTezF4

For more news see

COMPANY STATEMENTS

* BB Biotech AG says Q3 ‍net profit 365 million Swiss francs versus profit of 392 million reported in Q3 last year

* Swiss building technology company Poenina said it plans to list new and existing shares on Switzerland’s stock exchange. ZKB is lead manager.​

ECONOMY

Reporting by Zurich newsroom

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