German stocks - Factors to watch on September 9
FRANKFURT, Sept 9 |
FRANKFURT, Sept 9 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.3 percent lower on Thursday, according to premarket data from brokers Lang & Schwarz at 0604 GMT.
The following are some of the factors that may move German stocks (share price indications at 0600 GMT):
COMMERZBANK (CBKG.DE)
Indicated 0.3 percent lower
CEO Martin Blessing scheduled to speak at the annual Banks in Transition conference in Frankfurt.
Related news [CBKG.DE-E]
LUFTHANSA (LHAG.DE)
Indicated 0.3 percent lower
August traffic figures due at 1100 GMT.
Related news [LHAG.DE-E]
E.ON (EONGn.DE)
Indicated unchanged
E.ON is on track to reach its target of a generation capacity from renewable energy sources of 10,000 megawatts by 2015, German paper Frankfurter Allgemeine Zeitung reported, citing the head of E.ON's renewable energy unit, Frank Mastiaux.
Related news [EONGn.DE-E]
DEUTSCHE BANK (DBKGn.DE)
Indicated 0.6 percent lower
S&P affirmed Deutsche Bank's "A+/A-1" long- and short-term counterparty credit ratings. [ID:nWNA9184]
Separately, the company plans to provide more bond mutual funds in Japan as uncertainty over the global economy has turned many investors away from equities funds, an executive at its Japanese unit said on Thursday. [ID:nTOE68706W]
Related news [DBKGn.DE-E]
ALLIANZ (ALVG.DE)
Indicated 0.8 percent lower
Allianz Global Investors, the asset management arm of German Allianz, is looking for new ways to tap into the commodities super-cycle with a range of products that could launch this year. [ID:nLDE68720Z]
Related news [ALVG.DE-E]
EADS (EAD.DE)
Indicated 0.4 percent lower in Frankfurt
Chief Executive Louis Gallois said EADS is in talks with a few companies in defense, services and security areas for potential deals and could comfortably make an acquisition of around one billion euros. [ID:nN08115594]
Related news [EAD.PA-E]
SUEDZUCKER (SZUG.DE)
Indicated 0.2 percent lower
Austrian food products maker Agrana (AGRV.VI) said on Wednesday it had been referred to a Vienna cartel court along with its German shareholder Suedzucker over cartel allegations. [ID:nLDE6871UW]
Related news [SZUG.DE-E]
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.5 pct, S&P 500 .SPX +0.6 pct, Nasdaq .IXIC +0.9 at Wednesday's close. [ID:nN08134951]
Nikkei .N225 +0.8 pct. [ID:nECB001103]
GERMAN ECONOMIC DATA
Final August CPI unchanged m/m and up 1.0 pct y/y, in line with preliminary data. HICP up 0.1 pct m/m and up 1.0 pct y/y. [ID:nBAF004250] [ID:nBAF004227] ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH [WATCH/EU]
DIARIES [DE/DIA] [WEU/EWQUITY]
REUTERS TOP NEWS [ID:NTOPNEWS]
(Reporting by Christoph Steitz and Peter Dinkloh)
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