German stocks - Factors to watch on September 11

Draegerwerk AG & Co KGaA

11/09/2020 05:38

BERLIN/FRANKFURT, Sept 11 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    AstraZeneca's pause of an experimental vaccine for the
coronavirus after the illness of a participant is a "wake-up
call" but should not discourage researchers, the World Health
Organization's chief scientist said.  urn:newsml:reuters.com:*:nL8N2G7597
    Germany reported 1,484 new coronavirus cases.
    Political polarisation and online misinformation are
threatening vaccination programmes worldwide, with public trust
volatile and varying widely between countries, according to a
global vaccine confidence study.  urn:newsml:reuters.com:*:nL8N2G72WE
    
    
    BAYER  BAYGn.DE  
    CEO Werner Baumann won an extension of his contract until
2024, in a show of support from the drugmaker's new chairman
just months after agreeing an $11 billion settlement of U.S.
lawsuits over its Roundup weedkiller.  urn:newsml:reuters.com:*:nFWN2G70PJ
    
    VOLKSWAGEN  VOWG_p.DE  
    Czech unit Skoda Auto plans to shift production of some
high-earning models to other VW group plants in other countries,
the carmaker's trade union boss said.  urn:newsml:reuters.com:*:nL8N2G751D
    
    COMMERZBANK  CBKG.DE  
    As part of its strategic respositioning, Commerzbank is
considering reviving its banking division for small and
medium-sized business that was scrapped in 2016, financial
sources told Boersen-Zeitung newspaper.
    
    FRAPORT  FRAG.DE  
    August traffic figures due 
    
    
    DRAEGERWERK  DRWG_p.DE 
    The company has agreed to stop delivering ventilators to the
German government and will instead focus on supplying other
countries that are more in need of equipment to treat
coronavirus patients.  urn:newsml:reuters.com:*:nL8N2G7573
    
    
    AUTOS
    Managers of electric carmaker Tesla  TSLA.O  demonstrated
new supercharger equipment on a Berlin research campus, saying
they were looking at more target cities to attract potential
buyers worried about access to charging.  urn:newsml:reuters.com:*:nL8N2G61YA
        
    
    ANALYSTS' VIEWS 
    EVONIK INDUSTRIES  EVKn.DE  - Credit Suisse cuts to
underperform from neutral
       
     
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -1.5%, S&P 500 .SPX  -1.8%, Nasdaq  .IXIC 
-2% at close.  .N 
    Nikkei  .N225  +0.4%, Shanghai stocks  .SSEC  -0.2%.  .T 
 .SS 
    Time: 4:38 GMT
    
        
    ECONOMY
    * German August final CPI due at 0600 GMT
    * German August wholesale price index due 0600 GMT 
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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