German stocks - Factors to watch on November 30

Corestate Capital Holding SA

30/11/2020 05:44

BERLIN/FRANKFURT, Nov 30 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
   
    CORONAVIRUS
    Germany's partial lockdown measures could be extended until
early spring if infections are not brought under control,
Economy Minister Peter Altmaier said.  urn:newsml:reuters.com:*:nL8N2IE046
    North Rhine-Westphalia premier Armin Laschet said that
coronavirus curbs will have to be reviewed in early January.
 urn:newsml:reuters.com:*:nL8N2IE071
    More than half of German retailers expect fewer customers
and falling sales over the crucial Christmas period, according
to a survey of 550 companies by the German Retail Association
(HDE).  urn:newsml:reuters.com:*:nL8N2IF0HH
    Germany reported 11,169 new infections and 125 more deaths
on Monday.
    
    
    BANKS 
    German banks have sufficient capital buffers but should
prepare for a rise in insolvencies and refrain from paying out
dividends for the time being, Bundesbank Vice President Claudia
Buch said.  urn:newsml:reuters.com:*:nL8N2IF0O4
    
    VOLKSWAGEN  VOWG.DE 
    Volkswagen management board members will have to forego
their annual bonus for the first time this year as the carmaker
will not meet minimum limits on profit and return on sales,
Business Insider reported.
    
    
    SILTRONIC  WAFGn.DE  
    Chipmaker Siltronic said it is in advanced takeover talks
with Taiwan's GlobalWafers  6488.TWO  in a 3.75 billion euros
deal to create a leading player in the wafer industry.
 urn:newsml:reuters.com:*:nL1N2IF0FR
    
    GERRESHEIMER  GXIG.DE 
    Gerresheimer has received orders for 600-700 million vials
to fill COVID-19 vaccines and expects additional revenue of
around 15 million euros per year, its Chief Financial Officer
Bernd Metzner told the Boersen-Zeitung newspaper. Metzner said
he expects the pandemic to boost overall demand for vaccines,
and therefore vials, in the long-term.
    
    UNIPER  UN01.DE 
    Russia's Nord Stream 2 said it planned to resume pipe-laying
work on a 2.6 kilometre stretch of the stalled Moscow-backed gas
pipeline to Europe in Germany's Exclusive Economic Zone.
    
    
    CORESTATE CAPITAL  CCAG.DE 
    The company announced it has a new anchor shareholder with
the investment of Vestigo Immobilien Investments, which holds a
stake of around 9.9%.  urn:newsml:reuters.com:*:nEQcgq8SQa
    
    DEUTSCHE BETEILIGUNGS  DBANn.DE 
    Fiscal FY results due 
    
    ADLER  ADJ.DE 
    9M results due
    
    
    EX-DIVIDEND 
    BEFESA  BFSA.DE  - 0.73 euros/shr dividend
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.1%, S&P 500 .SPX  +0.2%, Nasdaq  .IXIC 
+0.9% at close.  .N 
    Nikkei  .N225  -0.8%, Shanghai stocks  .SSEC  +0.4%.  .T 
 .SS 
    Time: 5:44 GMT
    
    
    ECONOMY
    German November prelim CPI due at 1300 GMT. Seen -0.2% y/y.
HICP seen -0.6% y/y. Additionally, state inflation data due
throughout the morning.

    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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