Factors to watch on Aug 16

August 16, 2016 6:24 AM

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ZURICH Aug 16 The Swiss blue-chip SMI was seen opening 0.4 percent lower at 8261 points on Tuesday, according to the SMI future index.

The lift and escalator maker said it increased revenue by 3.4 pct to 4,645 million Swiss francs ($4.78 billion) in first half of 2016 (+3.9 pct in local currencies).

Also read: GM, Ford sales up; FCA down 14.3% in November

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