German stocks - Factors to watch on Nov 30

FRANKFURT Fri Nov 30, 2012 2:23am EST

FRANKFURT Nov 30 (Reuters) - The DAX top-30 index looked set to open unchanged on Friday, according to premarket data from brokerage Lang & Schwarz at 0714 GMT. The following are some of the factors that may move German stocks:

BAYER

Indicated down 0.2 percent

The drugmaker has filed a suit in the United States against Indian generic drug maker Lupin to prevent it from selling a version of Bayer's birth-control pill Natazia there.

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THYSSENKRUPP

Indicated down 0.1 percent

Prosecutors are probing former employees of the German steel group over alleged fraud in Eastern Europe, the company said on Friday.

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PORSCHE

Indicated down 0.5 percent

A lawyer for the carmaker urged a New York state appeals court to overturn a lower court decision allowing 26 hedge funds to sue the German automaker in the state.

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OVERSEAS STOCK MARKETS

Dow Jones up 0.3 pct, S&P 500 up 0.4 pct, Nasdaq up 0.7 pct at Thursday's close.

Nikkei up 0.5 pct at Friday's close.

EURO ZONE

Germany's parliament is set to approve a fresh bailout for Greece on Friday in a vote seen as a test of Chancellor Angela Merkel's authority over her centre-right coalition less than a year before federal elections.

GERMAN ECONOMIC DATA

German October retail sales. -2.8 pct m/m, -0.8 pct y/y.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS (Reporting by Marilyn Gerlach and Victoria Bryan)

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