German stocks - Factors to watch on August 24

Dermapharm Holding SE

24/08/2021 05:44

BERLIN/FRANKFURT, Aug 24 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 5747 new infections and 42 more deaths.
    
    LANXESS  LXSG.DE 
    The speciality chemicals company said it had signed a
contract to acquire the microbial control business of the
US-based company International Flavours & Fragrances Inc (IFF)
in a $1.3 billion deal.  urn:newsml:reuters.com:*:nASN001KUB
  
    CTS EVENTIM  EVDG.DE 
    Second-quarter results due.
    
    DERMAPHARM  DMPG.DE 
    First-half results due.


        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.6%, S&P 500 .SPX  +0.9%, Nasdaq  .IXIC 
+1.6% at close.  .N 
    Nikkei  .N225  +1.0%, Shanghai stocks  .SSEC  +1.0%.  .T 
 .SS 
    Time: 4:44 GMT

    ECONOMY
    German Q2 GDP due around 0600 GMT. Adjusted seen +1.5% q/q,
+9.2% y/y, unadjusted +9.6% y/y.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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