German stocks - Factors to watch on May 6
FRANKFURT, May 6 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.4 percent lower on Wednesday, according to pre-market data from brokers at 0630 GMT.
Here are some factors that may move German stocks on Wednesday (share price indications at 0630 GMT):
BMW (BMWG.DE)
Indicated 1.7 percent higher
Q1 net loss came in at 152 million euros ($203.6 million), better than the 331 million consensus in a Reuters poll of analysts. [ID:nWEA0397] [ID:nLU983909]
Related news [BMWG.DE-E]
PORSCHE (PSHG_p.DE), VW (VOWG.DE)
Porsche indicated 0.8 percent lower
VW indicated 0.2 percent lower
The clans that control the Porsche automotive empire are set to meet on Wednesday in the hopes of finding a solution to its high-risk takeover plans for Volkswagen that have backfired. [ID:nL6327462]
Related news [PSHG_p.DE-E], [VOWG.DE-E]
DEUTSCHE POST (DPWGn.DE)
Indicated 2.4 percent lower Continued...
