BERLIN/FRANKFURT, Jan 23 (Reuters) - The following are some of the factors that may move German stocks on Thursday:
European Central Bank President Christine Lagarde is set to launch a broad review of its policy on Thursday that is likely to see her redefine the ECB’s main goal and how to achieve it.
Lufthansa is considering listing a stake in its jet-maintenance unit, Bloomberg reported.
A judge in Canada approved a C$196.5 million ($149.52 million) fine against Volkswagen on Wednesday after the company pleaded guilty to dozens of counts of diesel emissions violations.
Marco Arcelli, a representative of Czech businessman and Metro investor Daniel Kretinsky, has joined the retailer’s supervisory board, a Metro spokeswoman said on Wednesday.
Austrian unit CIMIC Group said on Thursday it was planning to exit the Middle East with the sale of its stake in BIC Contracting (BICC) and expects to take a one-off charge of A$1.8 billion ($1.23 billion).
The company said it expected 2019 group EBIT to be at top end of target corridor of up to 58 million euros.
MUNICH RE: HSBC raises target price to 250 euros from 235 euros
HANNOVER RUECK SE: HSBC raises target price to 153 euros from 118 euros
ALLIANZ SE: HSBC raises target price to 258 euros from 234 euros
OVERSEAS STOCK MARKETS
Dow Jones unchanged, S&P 500 unchanged, Nasdaq +0.1% at close.
Nikkei -0.9%, Shanghai stocks -2.7%.
Time: 5:43 GMT
GERMAN ECONOMIC DATA
No major economic data scheduled.
REUTERS TOP NEWS ($1 = 1.3142 Canadian dollars) (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
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