German stocks - Factors to watch on May 12

CEWE Stiftung & Co KGaA

12/05/2020 05:09

BERLIN/FRANKFURT, May 12 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    The World Health Organization said that "extreme vigilance"
was needed as countries begin to exit from lockdowns imposed to
curb the spread of the new coronavirus, amid global concerns
about a second wave of infections.  urn:newsml:reuters.com:*:nL8N2CT6CQ
    Asian shares skidded on growing worries about a second wave
of coronavirus infections after the Chinese city where the
pandemic originated reported its first new cases since its
lockdown was lifted.  urn:newsml:reuters.com:*:nL4N2CU0VT
    Germany reported 933 new coronavirus cases while the number
of recorded deaths rose by 116. The Robert Koch Institute for
public health said the virus' reproduction rate hovered above
the critical threshold of 1 for the third consecutive day with
an estimated value of 1.07.  urn:newsml:reuters.com:*:nL8N2CT6XL
    
    
    ALLIANZ  ALVG.DE  
    Detailed Q1 results due. The insurance group last month
reported a preliminary 30% drop in first-quarter net profit and
abandoned its profit target for the full year, blaming economic
uncertainty amid the coronavirus outbreak.  urn:newsml:reuters.com:*:nL8N2CIAET
    
    AIRLINES  LHAG.DE 
    EU airlines and travel companies should offer vouchers for
flights and holidays cancelled due to the coronavirus that are
valid for at least 12 months, the European Commission says in
recommendations to help revive travel and tourism in Europe.
 urn:newsml:reuters.com:*:nL8N2CT6I6
    
    E.ON  EONGn.DE  
    Q1 results due 
    
    DEUTSCHE POST  DPWGn.DE  
    Q1 results due 
    
    
    PROSIEBENSAT.1 MEDIA  PSMGn.DE 
    Private equity house KKR  KKR.N  said it had acquired a
stake of 5.2% in the company, becoming the third investor to
amass a sizable shareholding in the struggling broadcaster.
 urn:newsml:reuters.com:*:nL8N2CT6KO
    
    DELIVERY HERO  DHER.DE 
    The food delivery company said it would issue up to 947,591
new shares, representing 0.5% of the registered share capital.
 urn:newsml:reuters.com:*:nEQ46fykfa
    
    AAREAL BANK  ARLG.DE  
    Q1 results due 
    
    HOCHTIEF  HOTG.DE  
    Q1 results due
    
    TEAMVIEWER  TMV.DE  
    Q1 results due
    
    THYSSENKRUPP  TKAG.DE  
    Fiscal H1 results due
    
    
    ECKERT & ZIEGLER  EUZG.DE  
    Q1 results due
    
    
    CEWE STIFTUNG  CWCG.DE  
    Q1 results due

    HAMBURGER HAFEN UND LOGISTIK (HHLA)  HHFGn.DE  
    Q1 results due
    
    STROEER  SAXG.DE  
    Q1 results due
        
    
    ANALYSTS' VIEWS 
    BASF  BASFn.DE  - Fitch downgrades to 'A'; outlook stable
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.5%, S&P 500 .SPX  unchanged, Nasdaq
 .IXIC  +0.8% at close.  .N 
    Nikkei  .N225  -0.3%, Shanghai stocks  .SSEC  -0.6%.  .T 
 .SS 
    Time: 4:09 GMT
    
    
    ECONOMY
    * No major German economic data scheduled
    * The European Commission is unlikely to take immediate
legal action against Germany over a ruling by the country's top
court that the European Central Bank has overstepped its mandate
with its bond purchases, European Union officials said.
 urn:newsml:reuters.com:*:nL8N2CT60E
    
    
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 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))