German stocks - Factors to watch on December 16

Adler Real Estate AG

16/12/2019 05:46

BERLIN/FRANKFURT, Dec 16 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    DAIMLER  DAIGn.DE 
    Daimler's DAIGn.DE main China joint venture partner BAIC
Group  BEJINS.UL  has set in motion a plan to double its stake
to around 10% and win a board seat in the German luxury car
maker, as it aims to upstage rival Geely, two sources told
Reuters.  urn:newsml:reuters.com:*:nL4N28P04H
    
    BMW  BMWG.DE 
    Great Wall Motor said on Sunday it had obtained a
certificate of approval for a foreign investment enterprise for
its joint venture with BMW, per a filing with the Hong Kong
Stock Exchange.  urn:newsml:reuters.com:*:nH9N28H038
    
    ISRA VISION  ISRG.DE  
    Full-year results due
    
    ADO PROPERTIES  ADJ.DE  
    The company on Sunday said it had made a takeover offer for
its German peer Adler Real Estate  ADLG.DE , including a
business combination agreement. ADO would offer 0.42 new shares
-- which would be created by way of a capital increase -- in
exchange for each Adler share, the company said.
    
    ANNUAL GENERAL MEETING 
    Aroundtown  AT1.DE  - 0.25 eur/share dividend proposed 

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  unchanged, Nasdaq
 .IXIC  +0.2% at close.  .N 
    Nikkei  .N225  unchanged, Shanghai stocks  .SSEC  +0.2%.
 .T   .SS 
    Time: 5:46 GMT
    
    
    GERMAN ECONOMIC DATA
    Markit December flash PMI due at 0830 GMT. Manufacturing
index seen at 44.5 points, up from  44.1 in November, services
seen at 52.0 points, up from 51.7.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))