German stocks - Factors to watch on September 13

FRANKFURT, Sept 13 (Reuters) - The DAX top-30 index .GDAXI looked set to open 1.0 percent higher on Monday according to premarket data from brokers Lang & Schwarz at 0614 GMT.

The following are some of the factors that may move German stocks (share price indications at 0615 GMT):

BANKS

Deutsche Bank (DBKGn.DE) indicated 1.0 percent lower

Commerzbank (CBKG.DE) indicated 1.9 percent higher

Deutsche Postbank (DPBGn.DE) indicated 3.2 percent lower

Germany won a key concession in Sunday's talks on new "Basel III" bank capital rules, securing a 10-year phase-out period for a type of capital commonly held by its savings and cooperative banks but rarely used elsewhere. [ID:nLDE68B0HV]

Bundesbank President Axel Weber welcomed the Basel III rules, saying they had addressed Germany's concerns. [ID:nLDE68B0BP]

Separately, Deutsche Bank plans to raise at least 9.8 billion euros ($12.43 billion) to buy the rest of Deutsche Postbank, reducing its reliance on investment banking. [ID:nLDE6891GL]

Related news [BNK-E]

SIEMENS (SIEGn.DE)

Indicated 1.0 percent higher

German national rail operator Deutsche Bahn [DBN.UL] is unhappy with the offer made by Siemens for a train order worth 4 to 5 billion euros, Bahn chief Ruediger Grube told German weekly Wirschaftswoche. [ID:nLDE68A05O]

Related news [SIEGn.DE-E]

E.ON (EONGn.DE)

Indicated unchanged

E.On says taxes will eat up between half and two-thirds of all profits generated from extending the lifespan of nuclear power stations in Germany, the Frankfurter Allgemeine Sonntagszeitung weekly reported. [ID:nLDE68B074]

VOLKSWAGEN (VOWG_p.DE)

Indicated 0.3 percent higher

Automaker Volkswagen will name former General Motors [GM.UL] and Ford (F.N) manager Jonathan Browning to head its U.S. operations, a company source said on Sunday. [ID:nLDE68B0CJ]

Related news [VOWG_p.DE-E]

MUNICH RE (MUVGn.DE)

Indicated 1.2 percent higher

Munich Re does not need excess capital for organic growth and will mull merger chances if they arise, board member Torsten Jeworrek said on Sunday.[ID:nLDE68B09V]

Related news [MUVGn.DE-E]

HEIDELBERGER DRUCK (HDDG.DE)

Indicated 3.5 percent lower

Heidelberger Druck on Sunday set the terms for its previously announced 420 million euros rights issue. Heidelberg will issue 155 million new no-par value bearer shares. [ID:nWEA7658]

Related news [HDDG.DE-E]

SKY DEUTSCHLAND (SKYDn.DE)

Indicated 3.9 percent higher

Sky Deutschland late on Sunday unveiled the terms of a previously announced capital increase. The subscription price for the shares is 1.05 euros per share. [ID:nWEA7662]

Related news [SKYn.DE-E]

HOCHTIEF (HOTG.DE)

Indicated 1.0 percent higher

Top Australian contractor and Hochtief subsidiary Leighton Holdings (LEI.AX) replaced Chief Executive Wal King after 23 years, promoting another company veteran into the top job on Monday. [ID:nSGE68C073]

Related news [HOTG.DE-E]

BILFINGER BERGER (GBFG.DE)

Indicated 1.0 percent higher

Construction firm Bilfinger Berger is considering selling or carrying out an initial public offering for its Australian business, German daily BoerzenZeitung reported in its Saturday edition. [ID:nLDE68A047]

Related news [GBFG.DE-E]

SGL CARBON (SGCG.DE)

Indicated 1.6 percent higher

SGL Carbon expects its production of graphic electrodes to rise in the second half of 2010 and group profit to jump 10 percent for the full year, boosted by higher prices, German weekly magazine Wirtschaftswoche writes. [ID:nLDE68A05Y]

Related news [SGCG.DE-E]

ENBW (EBKG.DE)

Indication not available

EnBW is reviewing whether to close the Neckarwestheim I nuclear power plant due to new taxes and upgrade costs, Germany's Stuttgarter Zeitung quoted EnBW's chief executive as saying in an interview. [ID:nLDE68A06Q]

Related news [EBKG.DE-E]

OVERSEAS STOCK MARKETS

Dow Jones .DJI +0.4 pct, S&P 500 .SPX +0.5 pct, Nasdaq .IXIC +0.2 pct at Friday's close. [ID:nN10110384]

Nikkei .N225 +0.9 pct. [ID:nTOE68C04X]

HYPO REAL ESTATE [HRXGe.UL]

Bailed-out German bank Hypo Real Estate (HRE) will temporarily receive an additional 40 billion euros in guarantees to set up a bad bank, the national bailout fund Soffin said late on Friday. [ID:nLDE6891VX]

Related news [HRXGe.UL-E]

EUROPEAN FACTORS TO WATCH [WATCH/EU]

DIARIES [DE/DIA] [WEU/EWQUITY]

REUTERS TOP NEWS [ID:NTOPNEWS]

(Reporting by Josie Cox and Ed Taylor)