STOCK MARKET BLOG MARCH 2024

by the CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS AG

MONTHLY REVIEW

International stock markets ended the month of MARCH with gains.

DRIVING FACTORS

Interest rate cut expectations despite robust economy in the USA
Robust economy in the US and Europe

EQUITIES IN FOCUS

LONZA shares in high demand following positive analyst comments

Lonza shares are benefiting significantly from positive analyst comments. After Barclays and Vontobel increased their price targets, JPMorgan followed suit, and Deutsche Bank provided a further boost with an upgrade.

The upward trend of the shares has continued since the announcement of the annual figures.

Analysts from Barclays and Vontobel have already expressed their positive views. Barclays expert Charles Pitman believes that the clouds are clearing for the pharmaceutical supplier. The key issue for the coming months will be the search for a new CEO, according to Vontobel. The last CEO, Pierre-Alain Ruffieux, left at the end of ........

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