- Shooting death of gay man rocks New York's cradle of gay rights
- Taxes on some wealthy French top 100 pct of income: paper
- Justin Bieber, Taylor Swift big winners at Billboard Awards
- Hezbollah steps up Syria battle, Israel threatens more strikes |
- Powerful tornadoes strike in four central U.S. states |
German stocks - Factors to watch on January 24
FRANKFURT Jan 24 (Reuters) - The DAX top-30 index looked set to open little changed on Thursday, according to premarket data from brokerage Lang & Schwarz at 0715 GMT.
The following are some of the factors that may move German stocks:
Indicated 0.6 percent lower
Commerzbank's works council deliberates cutback plans. Media reports say up to 6,500 jobs could go.
Hypovereinsbank's parent company Unicredit plans to cut about 1,000 jobs in Germany by the end of next year, sources said.
Indicated 4.1 percent lower
Shares trade ex-dividend
Siemens said 98.21 percent of shareholders who attended the annual general meeting, approved the spin-off of Osram Licht AG. Siemens shareholders will receive one additional share of Osram for every ten Siemens shares. A listing is expected in April at the earliest.
Indicated 1.0 percent lower
The maker of Nivea cream reported sales up 4.7 percent in 2012 as demand from consumers in countries like Russia and Brazil offset a weak climate in its home European markets.
OVERSEAS STOCK MARKETS
Dow Jones +0.5 pct, S&P 500 +0.15 pct, Nasdaq +0.3 pct at Wednesday's close.
Nikkei +1.3 pct at Thursday's close.
GERMAN ECONOMIC DATA
January Markit Manufacturing flash PMI due at 0828 GMT. Seen higher at 46.8.
January Markit Service Flash PMI due at 0828 GMT. Seen flat at 52.
January Markit Comp Flash PMI due at 0828 GMT.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS (Reporting by Edward Taylor and Harro ten Wolde)
- Tweet this
- Share this
- Digg this