German stocks - Factors to watch on January 23

CEWE Stiftung & Co KGaA

23/01/2020 05:43

BERLIN/FRANKFURT, Jan 23 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    ECB
    European Central Bank President Christine Lagarde is set to
launch a broad review of its policy on Thursday that is likely
to see her redefine the ECB's main goal and how to achieve it.
 urn:newsml:reuters.com:*:nL8N29R42M
    
    LUFTHANSA  LHAG.DE  
    Lufthansa is considering listing a stake in its
jet-maintenance unit, Bloomberg reported.  urn:newsml:reuters.com:*:nL4N29R4CC
    
    VOLKSWAGEN  VOWG_p.DE 
    A judge in Canada approved a C$196.5 million ($149.52
million) fine against Volkswagen on Wednesday after the company
pleaded guilty to dozens of counts of diesel emissions
violations.  urn:newsml:reuters.com:*:nL1N29R1EW
    
    METRO  B4B.DE 
    Marco Arcelli, a representative of Czech businessman and
Metro investor Daniel Kretinsky, has joined the retailer's
supervisory board, a Metro spokeswoman said on Wednesday. 
    
    HOCHTIEF  HOTG.DE 
    Austrian unit CIMIC Group  CIM.AX  said on Thursday it was
planning to exit the Middle East with the sale of its stake in
BIC Contracting (BICC) and expects to take a one-off charge of
A$1.8 billion ($1.23 billion).
    
    CEWE STIFTUNG  CWCG.DE 
    The company said it expected 2019 group EBIT to be at top
end of target corridor of up to 58 million euros.  urn:newsml:reuters.com:*:nFWN29R0NT
    
          
    ANALYSTS' VIEWS 
     MUNICH RE  MUVGn.DE : HSBC raises target price to 250 euros
from 235 euros 
    HANNOVER RUECK SE  HNRGn.DE : HSBC raises target price to
153 euros from 118 euros 
    ALLIANZ SE  ALVG.DE : HSBC raises target price to 258 euros
from 234 euros 
    

    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  unchanged, Nasdaq
 .IXIC  +0.1% at close.  .N 
    Nikkei  .N225  -0.9%, Shanghai stocks  .SSEC  -2.7%.  .T 
 .SS 
    Time: 5:43 GMT

    
    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 1.3142 Canadian dollars)

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))