October 5, 2018 / 5:05 AM / 2 months ago

German stocks - Factors to watch on Oct. 5

BERLIN, Oct 5 (Reuters) - The following are some of the factors that may move German stocks on Friday:

LUFTHANSA

German Transport Minister Andreas Scheuer is due to meet with airline executives to discuss how to cope with delays to flights in Germany.

FREENET

The group said its finance chief Joachim Preisig had decided to leave at the end of the year and named Ingo Arnold to replace him.

METRO

Family-owned German investment group Haniel said on Thursday that it had transferred a 7.3 percent stake in retailer Metro to a Czech-Slovak investor group, after receiving antitrust clearance.

NEMETSCHEK

Jadeberg Partners AG said it was selling its stake in Smart Building solution provider MCS Solutions to Nemetschek.

PROSIEBENSAT.1

ProSiebenSat.1’s e-commerce division Nucom is actively looking for acquisition opportunities, but valuations are very high at the moment, daily Handelsblatt quoted the unit’s chief Claas van Delden as saying.

WESTWING IPO-WEW.F

The group’s IPO bookrunner said the books were comfortably oversubscribed throughout the price range.

ANALYSTS’ VIEWS

OSRAM LICHT AG - Credit Suisse starts with “neutral”, 37 euros price target

OVERSEAS STOCK MARKETS

Dow Jones -0.8 pct, S&P 500 -0.8 pct, Nasdaq -1.8 pct at close.

Nikkei -0.4 pct, Chinese markets closed.

Time: 4.53 GMT.

GERMAN ECONOMIC DATA

German August industrial orders due at 0600 GMT. Seen +0.5 pct m/m.

German August producer prices also due at 0600 GMT. Seen +0.2 pct m/m, +2.9 pct y/y.

DIARIES

REUTERS TOP NEWS (Reporting by Berlin Speed Desk)

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