May 9, 2013 / 5:31 AM / 4 years ago

German stocks - Factors to watch on May 9

FRANKFURT, May 9 (Reuters) - The DAX top-30 index looked set to open 0.2 percent lower on Thursday, according to premarket data from brokerage Lang & Schwarz at 0616 GMT.

The following are some of the factors that may move German stocks:

DEUTSCHE BANK

Indicated 0.3 percent lower

Deutsche Bank had the biggest share of the foreign exchange market for the ninth year running but second-ranked Citi significantly narrowed the gap, a Euromoney poll showed on Wednesday.

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ALLIANZ

Indicated 0.3 percent lower

Allianz SE said on Wednesday it would redeem all of its $2 billion 8.375 percent undated subordinated callable bonds.

Related news

EADS

Indicated 0.1 percent higher in Frankfurt

Australia's military has reached agreement with Eurocopter's local subsidiary to fix problems with its MRH-90 transport helicopter that should see the troubled aircraft cleared later this year, the government said on Thursday.

Related news

ANALYSTS' VIEWS

DEUTSCHE TELEKOM - S&P Capital IQ raises to "hold" from "sell"

HENKEL - Berenberg raises price target to 91 euros from 83 euros, rating "neutral"

EX-DIVIDEND

ADIDAS - dividend 1.35 eur/shr

HEIDELBERGCEMENT - dividend 0.47 eur/shr

METRO - dividend 1.00 eur/shr

FUCHS PETROLUB - dividend 1.30 eur/shr

OVERSEAS STOCK MARKETS

Dow Jones +0.3 pct, S&P 500 +0.4 pct, Nasdaq +0.5 pct at Wednesday's close.

Nikkei -0.7 pct at Thursday's close.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS (Reporting by Edward Taylor and Christoph Steitz)

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