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Kühne + Nagel, Givaudan, and Nestlé are among the laggards in the SMI this year. Investors who believe the equities will recover but want to minimise the risk of losses may be interested in the capital protection note on the three underlyings.
BKW and DKSH, whose core markets lie outside the US, are likely to feel only limited direct impact from the US tariffs on Swiss imports.
Switzerland was caught off guard by the announcement of painfully high import tariffs into the United States. The impact of the new trade regime on Swiss companies remains to be seen. However, business models that are less affected by US tariff policy are likely to have an advantage in this market environment.
Shares in Belimo, Sandoz and Swissquote are currently trading at record highs. This may increases the risk of setbacks.
Accelleron and ABB have both reported strong financial results for the latest reporting period. The short-term reverse convertible on the two stocks offers attractive yield opportunities.
The financial results announced by Barry Callebaut, Partners Group and Richemont prompted mixed reactions on stock markets.
The planned US tariffs on Brazilian goods are likely to push up the price of many popular food items.
Starting next week, the earnings of US stock market heavyweights are expected to set the tone on Wall Street. Communications and technology companies are once again expected to deliver strong results.
Global stock markets have experienced a volatile six months. Nevertheless, the SMI closes the first half-year on a positive note.
The importance of women's elite sport is growing worldwide. This is reflected in fans' excitement for the Women's European Football Championship, which starts in Basel on 2 July. An increasing number of sponsors are recognising this potential and expanding their partnerships with female athletes.
ZKB Autocallable Barrier Reverse Convertible on worst of Comet Holding AG/INFICON HOLDING AG/VAT Gro... 134141435 / CH1341414352 |
ZKB Barrier Reverse Convertible on worst of VAT Group AG/Comet Holding AG/Sensirion Holding AG 139434208 / CH1394342088 |
ZKB Autocallable Barrier Reverse Convertible on worst of Sika AG/Comet Holding AG/Sandoz Group AG 134140921 / CH1341409212 |
ZKB Barrier Reverse Convertible auf Comet Holding AG 140250703 / CH1402507037 |
ZKB Barrier Reverse Convertible on worst of Comet Holding AG/Sandoz Group AG/DKSH Holding AG 139434434 / CH1394344340 |