German stocks - Factors to watch on October 15

Draegerwerk AG & Co KGaA

15/10/2020 05:30

BERLIN/FRANKFURT, Oct 15 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    CORONAVIRUS
    Germany posted a record daily increase in confirmed
coronavirus cases, adding 6,638 cases and bringing the total
since the start of the pandemic to 341,223, data from the Robert
Koch Institute (RKI) for infectious diseases showed on Thursday.
 urn:newsml:reuters.com:*:nL8N2H6074
    Berlin's mayor warned against domestic travel restrictions
that would cut Germany's largest city off from the rest of the
country, saying they would be impractical and dredge up painful
memories of previous partitions.  urn:newsml:reuters.com:*:nL8N2H56QK
    Germany's states agreed on Wednesday to extend measures
against the spread of the coronavirus to larger parts of the
country as new cases soared, but Chancellor Angela Merkel warned
even tougher steps may be needed.  urn:newsml:reuters.com:*:nL8N2H53OB
    
    DAIMLER  DAIGn.DE 
    Mercedes owner Daimler is committed to Formula One but is
working to slash costs and cut the environmental impact of motor
racing, Chief Executive Ola Kaellenius on Wednesday.
 urn:newsml:reuters.com:*:nL8N2H55KL
    
    VOLKSWAGEN  VOWG_p.DE , TRATON  8TRA.DE 
    Volkswagen's truck unit Traton said on Wednesday its revised
takeover bid of $43 per share for U.S. truck maker Navistar
International Corp NAV.N will expire on Oct. 16, if not accepted
by then.  urn:newsml:reuters.com:*:nL8N2H55NG
    
    HOCHTIEF  HOTG.DE 
    Third-quarter results due.
    
    METRO  B4B.DE 
    The German wholesaler on Wednesday said it would likely hit
the upper end of its core profit target this year, as sales
recovered more quickly than expected after global coronavirus
lockdowns were eased.  urn:newsml:reuters.com:*:nF9N28000Q
    
    DRAEGERWERK  DRGW_p.DE 
    The group said it would hit the middle to upper end of its
2020 guidance.  urn:newsml:reuters.com:*:nASN000FH6
    
    SHOP APOTHEKE EUROPE  SAEG.DE 
    The company announced the redemption of 135 million euros
4.5% convertible bonds due 2023.  urn:newsml:reuters.com:*:nFWN2H50WF
        
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.6%, S&P 500 .SPX  -0.7%, Nasdaq  .IXIC 
-0.8% at close.  .N 
    Nikkei  .N225  -0.7%, Shanghai stocks  .SSEC  +0.1%.  .T 
 .SS 
    Time: 4:30 GMT

    
    GERMAN ECONOMIC DATA
    German October IPSOS Primary Consumer Sentiment Index due at
1000 GMT. 
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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