FRANKFURT, March 28 The DAX top-30 index
looked set to open 0.1 percent higher on Friday,
according to premarket data from brokerage Lang & Schwarz at
The following are some of the factors that may move German
Daimler indicated 0.1 percent higher
BMW indicated unchanged
Mercedes-Benz has the lowest recall rate for its vehicles
and BMW was the quickest to commence a recall campaign, a
long-term study of safety recalls in the United States showed.
BMW is set to make an announcement on Friday about building
a new product. Last week Reuters reported BMW plans to build the
X7, a large crossover vehicle with three rows of seats, in South
DEUTSCHE BANK, COMMERZBANK
Deutsche indicated 0.3 percent higher
Commerzbank indicated 0.5 percent higher
German banks would not favour including legal costs in
upcoming stress tests on European lenders, the head of a German
banking association said, after the U.S. Federal Reserve pointed
out those risks in its health check of lenders.
Indicated 0.6 percent higher
The German real estate company said it expected funds from
operations (FFO) of at least 210 million euros in
Indicated 0.2 percent higher
The car parts maker said 2013 earnings before interest and
taxes (EBIT) rose to 160.4 million euros from 135.8 million a
year earlier. Adjusted EBIT is expected at 160-165 million euros
Indicated 0.1 percent higher
Annual results press conference. The company last month said
its pretax loss widened to 477.8 million euros due to
Indicated 0.8 percent higher
The manufacturing machines maker said it sees significant
improvement in 2014 EBIT after reporting 2013 EBIT of 3.1
Indicated 0.3 percent higher
The maker of software for the construction industry said it
expected an EBITDA margin of 23-25 percent in 2014 after
reporting that 20213 EBITDA rose to 46.3 million euros for a
margin of 24.9 percent.
Indicated 2.1 percent higher
The group said its earnings before interest and tax (EBIT)
increased by 10.8 percent to 19.5 million euros last year,
adding it was planning to increase its dividend.
Indicated 0.7 percent lower
The group late on Thursday said it proposed a dividend of
0.62 eur/shr as well as a special dividend of 3.58 eur/shr.
The company said it was planning to keep its dividend stable
and pay 1.65 euros per share for 2013.
Indicated 2.3 percent higher
The outdoor advertising company said 2013 operating EBITDA
rose 10.3 percent to 118 million euros, just above the 116
million euro poll average.
OVERSEAS STOCK MARKETS
Dow Jones -0.03 pct, S&P 500 -0.2 pct, Nasdaq
-0.5 pct at Thursday's close.
Nikkei +0.5 pct at Friday's close.
GERMAN ECONOMIC DATA
February import prices -0.1 pct m/m and -2.7 pct y/y.
Preliminary March HICP due at 1300 GMT, seen at 1.0 pct y/y
and at 0.4 pct m/m.
Preliminary March CPI due at 1300 GMT, seen at 0.4 pct m/m
and at 1.1 pct y/y.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Edward Taylor, Christoph Steitz and Ludwig