German stocks - Factors to watch on Sept 21
FRANKFURT, Sept 21 |
FRANKFURT, Sept 21 (Reuters) - The DAX top-30 index looked set to open unchanged on Friday, according to premarket data from brokerage Lang & Schwarz at 0650 GMT.
The following are some of the factors that may move German stocks:
Indicated 0.1 percent higher
The German automaker aims to save around 1 billion euros ($1.30 billion) after warning on profits at its Mercedes-Benz Cars division, the Financial Times Deutschland reported.
Indicated 0.6 percent higher
The company denied on Friday a newspaper report that thousands of jobs could be cut in Germany, a spokesman said.
Indicated 0.2 percent higher
The German sporting goods maker forecast group revenue could exceed its mid-term forecast in 2015, but it was forced to slash its sales target for struggling unit Reebok to 2 billion euros from 3 billion.
OVERSEAS STOCK MARKETS
Dow Jones +0.1 pct, S&P 500 -0.1 pct, Nasdaq -0.2 pct at Thursday's close.
Nikkei +0.3 pct at Friday's close.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS ($1 = 0.7721 euros) (Reporting by Victoria Bryan, Christiaan Hetzner and Christoph Steitz)
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