German stocks - Factors to watch on Aug 6

Duerr AG

06/08/2020 06:43

BERLIN/FRANKFURT, Aug 6 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
     CORONAVIRUS
     The number of confirmed coronavirus cases in Germany
increased by 1,045 to 213,067, data from the Robert Koch
Institute (RKI) for infectious diseases showed on Thursday. The
reported death toll rose by seven to 9,175, the tally showed.
 urn:newsml:reuters.com:*:nL8N2F8077
     Germany's Foreign Ministry revised its travel guidance for
Belgium on Thursday, warning against all non-essential travel to
the province of Antwerp because of the high incidence of the
coronavirus epidemic in the region.  urn:newsml:reuters.com:*:nS8N2CH070
    
    DEUTSCHE BANK  DBKGn.DE 
    The Manhattan district attorney's office, which has been
seeking President Donald Trump's tax records, subpoenaed his
longtime lender Deutsche Bank last year, suggesting its criminal
investigation into Trump's business practices is more
wide-ranging than previously known, the New York Times said on
Wednesday.  urn:newsml:reuters.com:*:nL1N2F800F
    
    SIEMENS  SIEGn.DE 
    Siemens announced changes to its managing board on Wednesday
as the German engineering giant prepares for life after Chief
Executive Joe Kaeser.  urn:newsml:reuters.com:*:nL8N2F76UY
    
    LUFTHANSA  LHAG.DE 
    Germany's Lufthansa said it does not expect air travel
demand to return to pre-crisis levels before 2024 and posted a
second-quarter loss of 1.5 billion euros ($1.78 billion) as cost
cuts failed to offset a steep decline in revenue.  urn:newsml:reuters.com:*:nL8N2F80U0
    
    MORPHOSYS  MORG.DE 
    Morphosys reported a drop in second-quarter revenue to 18.4
million euros ($21.85 million) compared to 34.7 million euros
year ago.  urn:newsml:reuters.com:*:nASN000AEK
    
    ADIDAS  ADSGn.DE 
    Q2 results due.
    
    MERCK KGAA  MRCG.DE 
    Q2 results due.
    
    HENKEL  HNKG_p.DE 
    Q2 results due.
    
    BEIERSDORF  BEIG.DE 
    Q2 results due.
    
    MUNICH RE  MUVGn.DE 
    Q2 results due.
    
    SIEMENS  SIEGn.DE 
    Q3 results due.
        
    RHEINMETALL  RHMG.DE 
    Q2 results due.
    
    BRENNTAG  BNRGn.DE 
    Q2 results due.
         
    METRO  B4B.DE 
    Q2 results due.
    
    DUERR  DUEG.DE 
    Q2 results due.
        
    SYMRISE  SY1G.DE 
    Q2 results due.
    
    COMPUGROUP MEDICAL  COP1n.DE 
    Q2 results due.
    
    NEW WORK  NWOn.DE 
    Q2 results due.
    
    WACKER NEUSON  WACGn.DE 
    Q2 results due.
    
    PATRIZIA  PATGn.DE 
    Patrizia confirmed its full-year guidance as it reported an
operating income of 74.1 million euros in the first half of the
year.  urn:newsml:reuters.com:*:nASN000AE8
    
    RHOEN KLINIKUM  RHKG.DE 
    Q2 results due.
       
    JENOPTIK  JENGn.DE 
    Q2 results due.
    
    DEUTSCHE BETEILIGUNGS  DBANn.DE 
    Q2 results due.
 
    CEWE  CWCG.DE 
    Q2 results due.
    
    BAYWA  BYWGnx.DE 
    Q2 results due.

    
    ANNUAL GENERAL MEETINGS
    CARL ZEISS MEDITEC  AFXG.DE  - 0.65 eur/shr dividend
proposed    
    GRENKE  GLJn.DE  - 0.80 eur/shr dividend proposed
        
    EX-DIVIDEND 
    MTU AERO ENGINES  MTXGn.DE  - 0.04 euros/shr dividend
        
    ANALYSTS' VIEWS 
    NORMA GROUP SE NOEJ.DE: HSBC RAISES TO HOLD FROM REDUCE
    HANNOVER RUECK SE HNRGn.DE : JEFFERIES RAISES TO BUY FROM
HOLD; RAISES TARGET PRICE TO EUR 165 FROM EUR 137
    ALLIANZ SE ALVG.DE: CREDIT SUISSE RAISES TARGET PRICE TO EUR
205 FROM EUR 200
    VONOVIA SE VNAn.DE : JEFFERIES RAISES PRICE TARGET TO EUR 55
FROM EUR 46.90
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.4%, S&P 500 .SPX  +0.6%, Nasdaq  .IXIC 
+0.5% at close.  .N 
    Nikkei  .N225  -0.5%, Shanghai stocks  .SSEC  -0.5%.  .T 
 .SS 
    Time: 5:43 GMT

    
    GERMAN ECONOMIC DATA
    German June Industrial Orders due at 0600 GMT. Seen +10.1%.
    German June Manufacturing Current Prices due at 0600 GMT. 
    German June His Markit due at 0730 GMT.

    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8422 euros)

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