German stocks - Factors to watch on May 9

Draegerwerk AG & Co KGaA

09/05/2022 05:49

BERLIN/FRANKFURT, May 9 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    UKRAINE
    The president of the German parliament Baerbel Bas met
Ukrainian President Volodymyr Zelenskiy in Kyiv on Sunday to
commemorate victims of World War Two, discuss arms and Ukraine's
ambition to be considered for European Union
membership. urn:newsml:reuters.com:*:nL2N2X004V
    Chancellor Olaf Scholz, in a televised speech to the nation,
assured Ukraine of solidarity in its fight against Russia's
invasion.  urn:newsml:reuters.com:*:nL5N2X00BF
    
    POLITICS
    Germany's conservative CDU won an election in the northern
state of Schleswig-Holstein on Sunday, a boost to the party of
former Chancellor Angela Merkel, which was ousted from national
government in federal elections last year.  urn:newsml:reuters.com:*:nL2N2X005I
    
    BMW  BMWG.DE 
    CEO Oliver Zipse told Frankfurter Allgemeine Sonntagszeitung
(FAS) on Sunday that semi-conductor shortages would not ease
soon, saying he expected them to probably last into 2023. He
reiterated in the interview that BMW's new plant due to open at
Debrecen in Hungary in 2025 will be free of fossil fuels.
    
    FRESENIUS  FREG.DE 
    Supervisory board chief Wolfgang Kirsch said in Welt am
Sonntag on Sunday his board was prepared to give new managers on
the executive board sufficient time to consolidate, backing CEO
Stephan Sturm's course. Kirsch also said opening the group's
Helios hospital chain to a minority shareholder would not be
decided on price but had to make strategic sense.
    
    SIXT  SIXG.DE 
    Alexander Sixt, who runs the company with his brother
Konstantin, told Frankfurter Allgemeine Sonntagszeitung that a
smaller fleet after the coronavirus crisis made it harder to
meet demand. In first quarter 2022, Sixt had an average 125,000
vehicles on the road, down from 129,000 in the same quarter of
2019. Sixt opens in two locations in Canada in May, with a view
to wider expansion.
    
    ECB
    European Central Bank policymaker Robert Holzmann told the
Salzburger Nachrichten paper on Saturday that the ECB should
hike interest rates as many as three times this year to combat
inflation.  urn:newsml:reuters.com:*:nL2N2WZ040
    Finnish central bank governor Olli Rehn said on May 6 he
expects a rate rise in July, a line he repeated in an interview
with Die Welt due to appear on Monday. urn:newsml:reuters.com:*:nB5N2RI01G
    
    HYPOPORT SE  HYQGn.DE 
    First quarter results due.
    
    INFINEON TECHNOLOGIES AG  IFXGn.DE 
    Second quarter results due.
    
    BIONTECH SE  BNTX.O 
    First quarter results due.
    
    HOCHTIEF AG  HOTG.DE 
    First quarter results due.
    
    SPARK NETWORKS SE  LOV.O 
    First quarter results due.
         
    EX-DIVIDEND 
    DEUTSCHE POST AG  DPWGn.DE  - 1.80 euros/shr dividend
    S&T AG  SANT1.DE  - 0.35 euros/shr dividend
    DRAEGERWERK AG & CO KGAA  DRWG.DE  - 0.19 euros/shr dividend
    
        
    ANALYSTS' VIEWS
    ADIDAS AG  ADSGn.DE : CREDIT SUISSE CUTS TARGET PRICE TO EUR
193 FROM EUR 205
    ADIDAS AG  ADSGn.DE : WEDBUSH CUTS TARGET PRICE TO EUR 235
FROM EUR 282
    DELIVERY HERO SE  DHER.DE : CREDIT SUISSE CUTS TARGET PRICE
TO EUR 80 FROM EUR 90
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.3%, S&P 500 .SPX  -0.6%, Nasdaq  .IXIC 
-1.4% at close.  .N 
    Nikkei  .N225  -2.3%, Shanghai stocks  .SSEC  unchanged.
 .T   .SS 
    Time: 4:44 GMT
    
    
    ECONOMY
    Germany March Current Account-Balance due at around 1400 GMT
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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