FRANKFURT Dec 5 The DAX top-30 index
looked set to open 0.7 percent lower on Wednesday, according to
premarket data from brokerage Lang & Schwarz at 0705 GMT.
The following are some of the factors that may move German
ALLIANZ, MUNICH RE, HANNOVER RE
Allianz indcated 0.7 percent higher
Munich Re indicated 0.4 percent higher
Hannover Re indicated 0.3 percent higher
The owners of German public sector insurer Provinzial
Nordwest will decide very soon if and how the unit will be put
up for sale, one of the owners, the Westfalen-Lippe savings bank
association said on Tuesday.
SKY DEUTSCHLAND - Nomura has raised the stock to
"buy" from "neutral".
OVERSEAS STOCK MARKETS
Dow Jones -0.1 pct, S&P 500 -0.2 pct, Nasdaq
-0.2 at Tuesday's close.
Nikkei +0.4 pct at Wednesday's close.
Markit's final estimate of German Services PMI is expected
at 0853 GMT. According to a Reuters poll of 30 economists, the
initial flash reading of 48.0 is expected to be confirmed.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Christiaan Hetzner and Harro ten Wolde)