German stocks - Factors to watch on January 4

FRANKFURT Fri Jan 4, 2013 2:25am EST

FRANKFURT Jan 4 (Reuters) - The DAX top-30 index looked set to open 0.3 percent lower 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:

AUTOS

BMW indicated down 0.3 pct

Daimler indicated down 0.2 pct

Volkswagen indicated down 0.1 pct

BMW's U.S. December sales rose 34.8 percent to 43,855 vehicles. Mercedes-Benz USA's sales totalled 31,372 vehicles for the month, up 12 percent. U.S. sales for Volkswagen's VW, Audi and Porsche brands rose 31.5 percent.

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MUNICH RE

Indicated 0.2 pct lower

Munich Re said it acted as joint lead structuring agent in a $270 million catastrophe bond transaction for Zurich Insurance Group.

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OVERSEAS STOCK MARKETS

Dow Jones down 0.16 pct, S&P 500 down 0.21 pct, Nasdaq down 0.38 pct at Thursday's close.

Nikkei up 2.82 pct at Friday's close.

GERMAN ECONOMIC DATA

German November retail sales +1.2 pct m/m, -0.9 pct y/y.

Separately, December Markit Services PMI due at 0853 GMT. Seen unchanged at 52.1.

EUROPEAN FACTORS TO WATCH

DIARIES

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