German stocks - Factors to watch on June 18

bet at home com AG

18/06/2018 06:08

BERLIN/FRANKFURT, June 18 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    GERMAN COALITION
    German Chancellor Angela Merkel's Bavarian allies, the
Christian Social Union (CSU), will decide on Monday whether to
defy her by implementing a plan to limit immigration at the
German border and risk destabilising her three-month-old
coalition.  urn:newsml:reuters.com:*:nL8N1TJ0JA
    
    DEUTSCHE POST  DPWGn.DE 
    The postal services group will remain the owner of electric
van business Streetscooter for at least two years but will then
look into other options, chief executive Frank Appel told
Frankfurter Allgemeine Zeitung. urn:newsml:reuters.com:*:nL8N1TJ0ES
    
    LUFTHANSA  LHAG.DE 
    Chief Executive Carsten Spohr, when asked whether he was
interested in Norwegian Air Shuttle  NWC.OL , reiterates that
"everyone is talking to everyone" in the airline sector,
according to an interview in Sueddeutsche Zeitung.
    
    SIEMENS  SIEGn.DE 
    The engineering group won a contract worth about 1.5 billion
pounds ($2 billion) to build 94 trains for the Piccadilly Line
on London's metropolitan train network, known as the tube, with
follow-on orders also on the cards.  urn:newsml:reuters.com:*:nL8N1TI09E
    
    THYSSENKRUPP  TKAG.DE  
    Thyssen shareholders including Cevian and the Alfried Krupp
von Bohlen und Halbach-Stiftung foundation are pressuring
management to improve the planned Tata steel JV deal after a
slump in profits at the Tata division made it less attractive
for Thyssenkrupp, Bloomberg cited people familiar with the
matter as saying.  urn:newsml:reuters.com:*:nL4N1TJ0AF
    Thyssenkrupp supervisory board Chairman Ulrich Lehner will
meet representatives of Elliott at the German company's
headquarters in Essen in the last week of June, Frankfurter
Allgemeine Zeitung separate reported, citing industry sources.

    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen's supervisory board is expected to discuss German
prosecutors' investigation into the head of its Audi  NSUG.DE 
brand, according to sources.  urn:newsml:reuters.com:*:nL8N1TE3RU
        
    VONOVIA  VNAn.DE 
    The acceptance period for Vonovia's $1.08 billion cash offer
for Swedish real estate company Victoria Park  VICPA.ST  is due
to run out.
    Also, the additional acceptance period for Vonovia's
takeover offer for Buwog  BWOA.VI  is due to end. The group had
already secured 73.8 percent of shares by late March.
            
    FUCHS PETROLUB  FPEG_p.DE 
    Capital Markets Day due.
    
    HANNOVER RE  HNRGn.DE  
    The reinsurer is looking into raising its dividend payout
ratio from next year because of strong earnings over multiple
years, its finance chief told German daily
Boersen-Zeitung. L8N1TI0DM 
    
    INDEX CHANGES AS OF JUNE 18:
    
    MDAX  0#.MDAXI 
    IN: SCOUT24  G24n.DE , DELIVERY HERO  DHER.DE , PUMA
 PUMG.DE 
    OUT: STADA  STAGn.DE , KRONES  KRNG.DE , ALSTRIA OFFICE REIT
 AOXG.DE 
    TECDAX  0#.TECDAX 
    IN: SIEMENS HEALTHINEERS  SHLG.DE 
    OUT: AUMANN  AAGG.DE 
    SDAX  0#.SDAXI 
    IN: DWS Group  DWSG.DE , HELLOFRESH  HFGG.DE , AUMANN,
KRONES, ALSTRIA OFFICE REIT
    OUT: DIEBOLD NIXDORF  WING.DE , BET-AT-HOME.COM  ARTG.DE ,
SCOUT24, DELIVERY HERO, PUMA
    
    Deutsche Boerse is also due to unveil shadow indices that
show the possible composition of the MDAX, SDAX and TecDAX
indices following a shakeup due in September.
    
    
    EX-DIVIDEND 
    DEUTSCHE WOHNEN  DWNG.DE  - 0.80 eur/shr dividend         
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.3 pct, S&P 500 .SPX  -0.1 pct, Nasdaq
 .IXIC  -0.2 pct at close.  .N 
    Nikkei  .N225  -0.8 pct, Chinese markets closed.
    Time: 5.08 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    No economic data scheduled.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Andreas Cremer, Ludwig Burger and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))