German stocks - Factors to watch on Oct 1

FRANKFURT, Oct 1 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.4 percent higher on Wednesday, according to pre-market data from brokers at 0617 GMT.

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

DEUTSCHE BOERSE (DB1Gn.DE)

Indicated 1.5 percent higher.

Deutsche Boerse had a good third quarter and was sticking to its full year 2008 goals, its chief executive said on Tuesday.

For related news, double click on [DB1Gn.DE-E]

DEUTSCHE BANK (DBKGn.DE)

Indicated 3 percent higher.

Deutsche Bank CEO Josef Ackermann said government and central bank efforts to bolster the financial sector were helping to restore confidence in the system. "Without the central banks' liquidity injections, we would have had a very difficult time," he said at a banking event in Frankfurt. [ID:nLU498629]

Fortis (FOR.AS)(FOR.BR), the recently partially nationalised Belgian-Dutch financial group, halted deals with China's Ping An and Deutsche Bank on Tuesday. The Dutch central bank is withholding approval for Fortis' sale of 709 million euros worth of Dutch ABN AMRO assets to Deutsche Bank pending further review, Fortis said. [ID:nN30478391]

For related news, double click on [DBKGn.DE-E].

HYPO REAL ESTATE HRXG.DE

Indicated 8.2 percent higher.

The goal of the rescue package for Hypo Real Estate was not to liquidate the bank, the head of German financial watchdog BaFin told Reuters.

For related news, double click on [HRXG.DE-E].

BASF (BASF.DE)

Indicated 0.9 percent higher.

BASF said its offer period for Ciba CIBN.VX was from Oct. 1-28 and the transaction would make a positive contribution to its earning per share in the second year after the acquisition. BASF said it expects to finalise the Ciba transaction in the first quarter of 2009 at the latest.

For related news, double click on [BASF.DE-E].

CONTINENTAL (CONG.DE)

Indicated 0.2 percent lower.

Continental Chief Executive Karl-Thomas Neumann told "Bild" newspaper he couldn't exclude the possibility of job cuts and factory closures. "Within the next five years, we will have 20 percent too much electronics capacity. We are therefore looking for solutions with the factories," said Neumann. [ID:nLU529288]

For related news, double click on [CONG.DE-E].

PORSCHE (PSHG_p.DE)

Indicated 2.4 percent higher.

Due to report full year preliminary results, turnover and revenue sales.

For related news, double click on [PSHG_p.DE].

BAYER BAYG.DE

Indicated 0.1 percent lower.

Bayer plans to spend at least 100 million euros to build an isocyanate production facility at its Dormagen plant, the Westdeutsche Allgemeine Zeitung newspaper reports.

For related news, double click on [BAYG.DE-E].

HENKEL (HNKG_p.DE)

Indicated 0.3 percent higher.

Henkel Chief Executive Kaspar Rorsted does not see the financing of its acquisition of National Starch in danger, despite the credit crisis, he told Boersen-Zeitung magazine.

For related news, double click on [HNKG_p.DE].

SCHOTT SOLAR (S9SG.DE)

Schott Solar said it was extending the subscription period for shares in its initial public offering by a week to Oct. 8.

For related news, double click on [S9SG.DE-E].

AAREAL (ARLG.DE)

Indicated 3.8 percent higher.

Aareal Chief Executive Wolf Schumacher told the German business daily Handelsblatt shares of the bank were unfairly under pressure, and share movement was in no way justified by fundamentals.

For related news, double click on [ARLG.DE-E].

QIAGEN NW (QGEN.DE)

Indicated 0.1 percent lower.

Qiagen NV said it has acquired Biotage's biosytems business for $53 million in cash. [ID:nWNAB4162].

For related news, double click on [QGEN.DE-E].

SOFTWARE (SOWG.DE)

Indicated 0.1 percent higher.

Software Chief Executive Karl Heinz Streibich is planning further acquisitions after the takeover of Web Methods. Business was continuing to go well despite the credit crisis, Streibich told Handelsblatt newspaper.

For related news, double click on [SOWG.DE-E].

FUCHS PETROLUB (FPEG.DE)

Indicated 1 percent higher.

Fuchs Petrolub said it had acquired the industrial lubricants business of MS Fluid Technologies in the United States, which has yearly revenues of $11 million. [ID:nWEA1393]

For related news, double click on [FPEG.DE-E].

OVERSEAS STOCK MARKETS

Dow Jones .DJI + 4.7 pct, S&P 500 .SPX + 5.3 pct, Nasdaq .IXIC +5 pct. [ID:nN30475379]

Nikkei .N225 + 1 pct. [ID:nTKB003051]

Hang Seng .HSI +0.76 pct.

KOSPI - 0.58 pct.

TAIEX +0.78 pct.

EUROPEAN UNION BANKING REGULATION

Banks will have to tie up more capital to cover risky operations in future under European Union rules due to be unveiled on Wednesday. [ID:nLU398669]

STRONG RETAIL SALES

Retail sales rose by a bigger-than-expected 3.1 percent on the month in August in real terms, adjusted for seasonal swings, prelimary Federal Statistics Office data showed.

Compared with the same month a year earlier -- which had one more shopping day than in 2008 -- sales fell 3.0 percent. A Reuters poll had forecast sales would rise 0.5 percent on the month and fall 2.6 pct on the year [ID:nLU323017].

GERMAN ECONOMIC DATA

Markit final manufacturing PMI for September due at 0755 GMT, seen at 48.1.

ECONDE G7TODAY

European factors to watch [WATCH/EU]

Diaries [DE/DIA] [WEU/EQUITY]

Reuters TOP NEWS [ID:nTOPNEWS] (Reporting by Sarah Marsh and Jonathan Gould)