Swiss stocks - Factors to watch on Sept 22

Thu Sep 22, 2016 2:05am EDT
 
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ZURICH, Sept 22 (Reuters) - The Swiss blue-chip SMI was seen opening 0.5 percent higher at 8,264 points on Thursday, according to premarket indications by bank Julius Baer .

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

SWISS-EU

Legislation giving locals hiring preference, a compromise aimed at preserving Switzerland's economic treaties with the European Union while still easing pressure on the job market from foreign workers, cleared a first hurdle in Swiss parliament on Wednesday.

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GATEGROUP

The European Union (EU) regulators have greenlit the acquisition of Swiss Gategroup by Chinese conglomerate HNA Group, the EU said on Wednesday.   Continued...