German stocks - Factors to watch on October 12

Cancom SE

12/10/2021 05:50

BERLIN/FRANKFURT, Oct 12 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 4,971 new infections and 88 more deaths.
        
    BMW  BMWG.DE 
    Output at the luxury carmaker's main vehicle assembly plant
in South Africa has been hit by a wage strike in the engineering
sector.  urn:newsml:reuters.com:*:nL8N2R74FE
        
    DEUTSCHE LUFTHANSA  LHAG.DE  
    The carrier said late on Monday it had wrapped up a 2.16
billion euro ($2.5 billion) capital increase and used the
proceeds to repay 1.5 billion euros in state aid as it banks on
a rebound in air travel.  urn:newsml:reuters.com:*:nL1N2R71FK
    
    CANCOM  COKG.DE 
    The company said it had decided to buy back around 3.5
million treasury shares from the market, corresponding to 9.09%
of its current share capital.  urn:newsml:reuters.com:*:nFWN2R71JO
    
    GERRESHEIMER AG  GXIG.DE  
    Third-quarter results due.
        
    ANALYSTS' VIEWS 
    VITESCO TECHNOLOGIES GROUP AG  VTSCn.DE : EVERCORE ISI
INITIATES WITH IN-LINE RATING AND EUR 60 TARGET PRICE
    TEAMVIEWER AG  TMV.DE : DEUTSCHE BANK CUTS TO HOLD FROM BUY
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.7%, S&P 500 .SPX  -0.7%, Nasdaq  .IXIC 
-0.6% at close.  .N 
    Nikkei  .N225  -1%, Shanghai stocks  .SSEC  -1%.  .T   .SS 
    Time: 4:50 GMT
    
    
    ECONOMY
    German September wholesale prices due around 0600 GMT.
    German October ZEW indicator due at 0900 GMT. Economic
sentiment seen at 24.0, current conditions at 28.5.    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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