German stocks - Factors to watch on April 4
FRANKFURT, April 4
FRANKFURT, April 4 (Reuters) - The DAX top-30 index looked set to open unchanged on Friday, according to premarket data from brokerage Lang & Schwarz at 0618 GMT.
The following are some of the factors that may move German stocks:
Commerzbank subsidiary mBank, Poland's fourth largest bank, is to seek a partner for its insurance arm, launching a process that could include an eventual sale of the business, it said on Thursday.
Indicated 0.3 percent lower
Final day of a three day pilots' strike that has seen the cancellation of 3,800 flights and is costing the airline tens of millions of euros.
FRESENIUS MEDICAL CARE
Indicated 0.8 percent lower
The world's largest dialysis company Fresenius Medical Care expects its ongoing cost cutting programme to yield annual efficiency gains of $300 million from 2017, it said on Thursday.
The group is considering further acquisitions in the field of IT, an executive told Handelsblatt.
Indicated 0.5 percent higher
The European Commission has launched a formal investigation into whether Etihad Airway's stake in Air Berlin is compliant with European law, Sueddeutsche Zeitung reported, citing a spokesman for the European Commission.
ANNUAL GENERAL MEETINGS
HENKEL - 1.22 eur per preferred share dividend proposed
TALANX - JP Morgan raises to "overweight" from "neutral"
OVERSEAS STOCK MARKETS
Dow Jones flat, S&P 500 -0.1 pct, Nasdaq -0.9 pct at Thursday's close.
Nikkei -0.1 pct at Friday's close.
GERMAN ECONOMIC DATA
German industrial orders for February up 0.6 pct m/m vs 0.1 pct rise in Reuters poll.
EUROPEAN FACTORS TO WATCH
- Divided, Scots prepare to vote on fate of the United Kingdom |
- IPhone emerges from 'bygone era', reviewers hail bigger handset
- Fed renews zero rate pledge, but hints at steeper rate hike path |
- Boeing, SpaceX win contracts to build 'space taxis' for NASA
- Islamic State campaign tests Obama's commitment to Mideast allies