German stocks - Factors to watch on Dec. 12

Bertrandt AG

12/12/2019 05:27

BERLIN, Dec 12 (Reuters) - The following are some of the
factors that may move German stocks on Thursday:
    
    ECB
    Presiding over her first meeting of the European Central
Bank, Christine Lagarde is all but certain to keep money taps
wide open and may provide fresh clues about a broader policy
revamp that could become the cornerstone of her tenure. The ECB
will announce its rate decision at 1245 GMT, followed by
Lagarde's news conference at 1330 GMT.  urn:newsml:reuters.com:*:nL4N28L36H
    
    ENERGY
    European Union leaders will push to agree to make their bloc
climate neutral by 2050, luring reluctant eastern member states
with promises of extra money for their heavily-polluting
economies.  urn:newsml:reuters.com:*:nL8N28L54I
    
    DEUTSCHE BANK  DBKGn.DE 
    A prosecution witness in an Australian criminal cartel case
against Citigroup  C.N  and Deutsche Bank testified he had just
30 seconds notice about an underwriting conference call and that
there was no collusion.  urn:newsml:reuters.com:*:nL4N28M0OY
    
    LUFTHANSA  LHAG.DE 
    November traffic figures due
    
    METRO AG  B4B.DE 
    Metro expects net proceeds of 1.5 billion euros from the
sale of a majority stake in its China business and its
struggling Real hypermarkets unit, both of which it said it
hopes to close soon, the wholesaler said.  urn:newsml:reuters.com:*:nS8N28L000
    Additionally, annual news conference due at 1000 GMT
    
    OSRAM  OSRn.DE  
    CEO Olaf Berlien sees risks with the planned takeover by
Austria's AMS  AMS.S  because of the different company cultures,
he told Handelsblatt daily. He also said that he thinks the auto
market has passed its low point and Osram is investing 600
million euros a year in the future.
    
    BERTRANDT  BDTG.DE 
    The company reported a lower full-year operating profit.
 urn:newsml:reuters.com:*:nEQ2zj7JJa
    
    ENCAVIS  HWAG.DE 
    The renewable electricity producer announced a capital
increase for financing growth and gained Versicherungskammer
Bayern as new major shareholder.  urn:newsml:reuters.com:*:nEQ2zmmKda
    
        
    ANALYSTS' VIEWS 
    BASF  BASFn.DE  - Exane BNP Paribas cuts to "neutral" from
"outperform"
    EVONIK INDUSTRIES  EVKn.DE  - JP Morgan raises to
"overweight" from "neutral"
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.1%, S&P 500 .SPX  +0.3%, Nasdaq  .IXIC 
+0.4% at close.  .N 
    Nikkei  .N225  +0.2%, Shanghai stocks  .SSEC  -0.1%.  .T 
 .SS 
    Time: 5:27 GMT
    
    
    ECONOMY
    * German final November inflation data due at 0700 GMT
    
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com; +49 30 2888 5169))