German stocks - Factors to watch on June 22

Draegerwerk AG & Co KGaA

22/06/2021 05:39

BERLIN/FRANKFURT, June 22 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 455 new infections and 77 more deaths.
    
    BMW  BMWG.DE 
    BMW plans significant production cost cuts by the middle of
the decade, one of the German carmaker's board members said.
 urn:newsml:reuters.com:*:nL5N2O34ST
    
    VARTA  VAR1.DE 
    Germany's Varta AG will supply high-performance battery
cells to luxury sportscar maker Porsche AG, a spokesperson for
the battery maker said.  urn:newsml:reuters.com:*:nL5N2O34Q0
    
    DRAEGERWERK  DRWG_p.DE 
    The company raised its 2021 outlook, now expecting EBIT
margin to reach between 8% and 11%.  urn:newsml:reuters.com:*:nASN001CSL
    
    QIAGEN  QIA.DE 
    QIAGEN said it had launched dedicated crispr products for
rapid and simplified analysis of gene-editing experiments.
 urn:newsml:reuters.com:*:nFWN2O30V2
        
    EX-DIVIDEND 
    FREENET  FNTGn.DE  - 1.65 euros/shr dividend
    DEUTSCHE EUROSHOP  DEQGn.DE  - 0.04 euros/shr dividend
        
    ANALYSTS' VIEWS 
    NORDEX SE  NDXG.DE : SOCGEN RAISES TO BUY FROM HOLD
    DEUTSCHE INDUSTRIE REIT-AG  JB7.DE : JEFFERIES INITIATES
WITH HOLD RATING AND TARGET PRICE OF EUR 19
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.8%, S&P 500 .SPX  +1.4%, Nasdaq  .IXIC 
+0.8% at close.  .N 
    Nikkei  .N225  +3.0%, Shanghai stocks  .SSEC  +0.8%.  .T 
 .SS 
    Time: 4:38 GMT

    ECONOMY
    No major German economic data scheduled.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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