German stocks - Factors to watch on December 5
05/12/2019 05:57
BERLIN/FRANKFURT, Dec 5 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
TEAMVIEWER TMV.DE , VARTA VAR1.DE
The shares of TeamViewer and Varta are joining the mid-cap
MDAX, replacing the shares of 1+1 Drillisch DRIG.DE and
Fielmann FIEG.DE , which are moving to the SDAX, Deutsche
Boerse said, adding the blue-chip DAX index remained unchanged.
Separately, Varta shareholder Montana Tech Components via
its unit VGG GmbH said it decided to sell up to 808,000 existing
no-par value bearer shares in Varta in a private placement to
institutional investors. urn:newsml:reuters.com:*:nASN0000VD
THYSSENKRUPP TKAG.DE
The steel works council of the ailing conglomerate will hold
its regular press conference.
BMW BMWG.DE
BMW is suing two of its suppliers over price fixing on air
conditioning components, the German carmaker said on Wednesday.
urn:newsml:reuters.com:*:nL8N28E5UX
BOMBARDIER BBDb.TO
Bombardier is considering more restructuring that could
affect up to 2,500 employees in Germany, company sources told
the Handelsblatt newspaper. urn:newsml:reuters.com:*:nL8N28E5WK
AURUBIS NAFG.DE
Aurubis AG, Europe's biggest copper smelter, said on
Wednesday that an accident at its plant in Olen in Belgium in
November has disrupted copper production but that deliveries to
customers are continuing normally. urn:newsml:reuters.com:*:nL8N28E5UN
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.5%, S&P 500 .SPX +0.6%, Nasdaq .IXIC
+0.5% at close. .N
Nikkei .N225 +0.7%, Shanghai stocks .SSEC +0.4%. .T
.SS
Time: 5:56 GMT
GERMAN ECONOMIC DATA
German October industrial orders due at 0700 GMT. Seen at
0.3% m/m.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin Speed Desk and Frankfurt Newsroom)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))