German stocks - Factors to watch on October 5

Adler Real Estate AG

05/10/2020 05:48

BERLIN/FRANKFURT, Oct 5 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany
increased by 1,382 to 300,619, data from the Robert Koch
Institute (RKI) for infectious diseases showed on Monday.
 urn:newsml:reuters.com:*:nL8N2GW05M
    
    LUFTHANSA  LHAG.DE 
    Lufthansa unit Swiss International Air Lines plans to cut
roughly 1,000 jobs over the next two years through voluntary
measures rather than layoffs, its outgoing Chief Executive
Thomas Kluehr said in remarks published on Saturday.
 urn:newsml:reuters.com:*:nL8N2GU0AK
    
    SARTORIUS AG  SATG.DE 
    SarTorius on Friday announced a 360 million euro deal to
merge purification specialist BIA Separations into its subgroup
Sartorius Stedim Biotech.  urn:newsml:reuters.com:*:nFWN2GT0CM
      
    K+S  SDFGn.DE 
    German fertilizer company K+S AG is in advanced talks to
sell its Morton Salt unit to Kissner Group for about $3 billion,
Bloomberg reported, citing people with knowledge of the matter.
    
    ADLER REAL ESTATE  ADLG.DE 
    The company announced a 35 million euro capital increase.
 urn:newsml:reuters.com:*:nASN000EF1
    
    ANALYSTS' VIEWS 
    BMW  BMWG.DE : JEFFERIES RAISES PRICE TARGET TO EUR 61 FROM
EUR 57 
    DAIMLER AG  DAIGn.DE : JEFFERIES RAISES PRICE TARGET TO EUR
53 FROM EUR 48
    SIEMENS HEALTHINEERS AG  SHLG.DE : BARCLAYS CUTS PRICE
TARGET TO EUR 39 FROM EUR 40
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.5%, S&P 500 .SPX  -1%, Nasdaq  .IXIC 
-2.2% at close.  .N 
    Nikkei  .N225  +1.2%, Chinese markets closed.  .T   .SS 
    Time: 4:48 GMT

    
    GERMAN ECONOMIC DATA
    German September Markit final PMI due at 0755 GMT. Services
seen at 49.1, composite at 53.7
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))