German stocks - Factors to watch on May 24

Basler AG

24/05/2022 05:37

BERLIN/FRANKFURT, May 24 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    UKRAINE
    U.S. President Joe Biden said on Tuesday that the crisis in
Ukraine was a global issue which heightened the importance of
maintaining international order, territorial integrity and
sovereignty.  urn:newsml:reuters.com:*:nL5N2XF5MV    
    The European Union will likely agree an embargo on Russian
oil imports "within days," Germany's economy minister said on
Monday, but making a dent in Russia's war chest may require
capping global oil prices.  urn:newsml:reuters.com:*:nL2N2XF2FQ     
     
    BUNDESBANK
    German workers should expect large wage increases from their
collective negotiations in the second half of this year, the
head of the Bundesbank Joachim Nagel said on Monday.
 urn:newsml:reuters.com:*:nV9N2T101O
    
    CHANCELLOR IN NIGER
    German Chancellor Olaf Scholz promised Niger long-term
military and financial support to fight Islamist insurgents
across West Africa, during a visit on Monday on his inaugural
Africa tour.  urn:newsml:reuters.com:*:nL5N2XF4KT
    
    VEGANZ GROUP AG  VEZ.DE 
    Reports preliminary first quarter sales at 6.8 million
euros, anticipates direct effects from Ukraine war.  urn:newsml:reuters.com:*:nASM000CWW
    
    CAPSENSIXX AG  CPXG.DE 
    Reports first quarter earnings before taxes of 2.22 million
euros, up 24.7% from the previous year.  urn:newsml:reuters.com:*:nFWN2XF1B9
           
    CTS EVENTIM AG & CO KGAA  EVDG.DE 
    First-quarter results due.
    
    TAG IMMOBILIEN AG  TEGG.DE  
    Preliminary first-quarter results due.
    
    BAYWA AG  BYWGnx.DE 
    Half-year results due.
    
    ABOUT YOU HOLDING SE  YOUG.DE  
    Full-year results due.
    
    ANNUAL GENERAL MEETINGS
    FRAPORT AG  FRAG.DE  - no dividend proposed
    HUGO BOSS AG  BOSSn.DE  - 0.70 eur/shr dividend proposed
    KNORR BREMSE AG  KBX.DE  - 1.85 eur/shr dividend proposed
    BAYWA AG  BYWGnx.DE  - 1.05 eur/shr dividend proposed
        
    EX-DIVIDEND
    BASLER AG  BSLG.DE  - 0.62 euros/shr dividend
        
    ANALYSTS' VIEWS 
    DEUTSCHE EUROSHOP  DEQGN.DE  : HSBC CUTS TARGET PRICE TO EUR
22.5 FROM EUR 24
    NORMA GROUP  NOEJ.DE  : HSBC CUTS TARGET PRICE TO EUR 41
FROM EUR 44
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +2.0%, S&P 500 .SPX  +1.9%, Nasdaq  .IXIC 
+1.6% at close.  .N 
    Nikkei  .N225  -0.6%, Shanghai stocks  .SSEC  -1.1%.  .T 
 .SS 
    Time: 4:37 GMT
    
    
    ECONOMY
    German May Flash Markit due at 0730 GMT. Manufacturing index
seen at +54.0, service at +57.2, composite at +54.0
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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