German stocks - Factors to watch on September 12

Corestate Capital Holding SA

12/09/2019 06:36

BERLIN/FRANKFURT, Sept 12 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    ECB 
    The European Central Bank is all but certain to approve a
fresh stimulus package to prop up an ailing economy and arrest a
dangerous slide in inflation expectations. Its measures could
include a rate cut, more support for banks, a fresh pledge to
keep rates low for longer and more asset purchases.

    TEAMVIEWER IPO
    German software company TeamViewer set the price range for
its planned listing on the Frankfurt stock exchange on
Wednesday, valuing it at up to 5.5 billion euros ($6.05 billion)
in one of Europe's largest IPOs of the year.  urn:newsml:reuters.com:*:nL5N2625C0
    
    KNORR BREMSE  KBX.DE 
    The braking systems maker confirmed full year guidance after
reporting a 14.9% increase in earnings before interest, taxes,
depreciation, and amortization (EBITDA) in the first six months
of 2019. 
    
    METRO  B4B.DE 
    Metro chief executive is confident that the sale of grocery
chain Real will be concluded in September, weekly
Wirtschaftswoche reported. "We are on a good track at the
moment," Olaf Koch said in an interview published on Thursday.
    
    LUFTHANSA  LHAG.DE 
    August traffic figures due.
    
    CORESTATE CAPITAL HOLDING  CCAG.DE 
    The real estate investment managing firm on Thursday
confirmed 2019 financial guidance. 
    
    ANALYSTS' VIEWS 
    BEIERSDORF AG  BEIG.DE : Credit Suisse cuts to
"underperform" from "neutral"
    JUNGHEINRICH AG  JUNG_p.DE : Morgan Stanley starts with
"overweight" rating
    

    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.9%, S&P 500 .SPX  +0.7%, Nasdaq  .IXIC 
+1.1% at close.  .N 
    Nikkei  .N225  +1.0%, Shanghai stocks  .SSEC  +0.4%.  .T 
 .SS 
    Time: 5:36 GMT

    GERMAN ECONOMIC DATA
    German August final inflation due at 0600 GMT. CPI seen
-0.2% m/m, +1.4% y/y, HICP seen -0.1% m/m, +1.0% y/y. 

    
    EUROPEAN FACTORS TO WATCH  Watch 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

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