German stocks - Factors to watch on March 19

Fuchs Se

19/03/2020 05:17

BERLIN/FRANKFURT, March 19 (Reuters) - The following are
some of the factors that may move German stocks on Thursday:
    
    CORONAVIRUS
    The European Central Bank launched new bond purchases worth
750 billion euros at an emergency meeting in a bid to stop a
pandemic-induced financial rout shredding the euro zone's
economy and renew concerns about the bloc's viability.
 urn:newsml:reuters.com:*:nL8N2BBACD
    Chancellor Angela Merkel urged all German citizens to help
fight the spread of the coronavirus by sticking to rules aimed
at reducing direct social contact and avoiding as many new
infections as possible.  urn:newsml:reuters.com:*:nL8N2BB8I2
    Germany expanded entry restrictions to include flights from
Italy, Spain, Austria, France, Luxembourg, Denmark and
Switzerland.  urn:newsml:reuters.com:*:nL8N2B96UB
    The U.S. Senate overwhelmingly passed legislation providing
billions of dollars to limit the damage from the coronavirus
pandemic through free testing, paid sick leave and expanded
safety-net spending.  urn:newsml:reuters.com:*:nL1N2BB0D4
    
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    The company said that its networks were stable and secure,
and were coping with increased fixed-line data traffic and a
greater number of phone calls due to the coronavirus pandemic.
 urn:newsml:reuters.com:*:nL8N2BB9M8
    
    VOLKSWAGEN  VOWG_p.DE 
    Audi 2019 results due. Audi said it will suspend production
at its plant in Mexico's Puebla state from March 23 through
April 13 as the coronavirus hits global supply chains.
 urn:newsml:reuters.com:*:nL1N2BB24L
    
    BMW  BMWG.DE 
    Analysts' and investors' conference due
    
    HEIDELBERGCEMENT  HEIG.DE 
    2019 results due
    
    LUFTHANSA  LHAG.DE 
    2019 annual report due
    
    
    BANKING
    Two British bankers were handed suspended jail terms and one
a 14 million euro penalty in Germany's biggest post-war fraud
trial of a scam involving multi-billion-euro trades to get bogus
tax reclaims.  urn:newsml:reuters.com:*:nL8N2BB931 Explainer:  urn:newsml:reuters.com:*:nL8N2853AH
    
    
    HUGO BOSS  BOSSn.DE  
    The fashion house scrapped the outlook it gave for 2020
results less than two weeks ago and took action to protect its
cash balance, suspending store renovations and new openings and
limiting the inflow of stock.  urn:newsml:reuters.com:*:nL8N2BB9ZV
    
    OSRAM  OSRn.DE 
    The lighting group, which is being acquired by Austrian
sensor maker AMS, withdrew its guidance for the 2020 financial
year because of the coronavirus.  urn:newsml:reuters.com:*:nFWN2BB1F8
    
    MORPHOSYS  MORG.DE 
    Conference call due. The company reported a 2019
consolidated net loss of 103 million euros on revenues of 71.8
million euros.  urn:newsml:reuters.com:*:nEQ4lStdsa
    
    QIAGEN  QIA.DE 
    The company announced it has obtained a CE marking for a
coronavirus test to be sold as an in-vitro diagnostic.
 urn:newsml:reuters.com:*:nNDL4TTCmT
    
    BECHTLE  BC8G.DE 
    2019 annual report due
    
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE 
    2019 annual report due
    
    FUCHS PETROLUB  FPEG_p.DE 
    2019 results due
    
    
    NORMA GROUP  NOEJ.DE 
    The company said it will reduce shifts and interrupt
production processes at its sites in the EMEA and the Americas
regions due to the coronavirus and proposed to suspend its
dividend.  urn:newsml:reuters.com:*:nEQWffP1a
    
    PATRIZIA  PATGn.DE 
    The company announced a share buyback programme and
confirmed its 2020 outlook.  urn:newsml:reuters.com:*:nEQ3lQRv2a
    
    SAF HOLLAND  SFQN.DE 
    The maker of truck and trailer components said it will
propose to pay no dividend for 2019, citing significantly higher
restructuring expenses.  urn:newsml:reuters.com:*:nEQ606Rzza
    
    SCHAEFFLER  SHA_p.DE 
    The car parts supplier postponed its annual general meeting
due to the spread of the coronavirus and the ban on mass events.
 urn:newsml:reuters.com:*:nEQ6wFgHva
    
    TLG IMMOBILIEN  TEGG.DE 
    The company announced its funds from operations rose to 148
million euros, pointing to renting activities and the results
from the stake in Aroundtown.  urn:newsml:reuters.com:*:nEQ7w8CgFa
    
    DEUTSCHE EUROSHOP  DEQGn.DE 
    2019 preliminary results due     
    
    ELMOS SEMICONDUCTOR  ELGG.DE 
    2019 final results due
    
    ENCAVIS  HWAG.DE 
    2019 annual report due
    
    INSTONE REAL ESTATE  INS2.DE 
    2019 annual report due
    
    KOENIG & BAUER  SKBG.DE 
    2019 annual report due
    
    KRONES  KRNG.DE 
    2019 annual report due
    
    VOSSLOH  VOSG.DE 
    2019 results due
    
     
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -6.3%, S&P 500 .SPX  -5.2%, Nasdaq  .IXIC 
-4.7% at close.  .N 
    Nikkei  .N225  -1.3%, Shanghai stocks  .SSEC  -2.3%.  .T 
 .SS 
    Time: 5:17 GMT
    
    
    ECONOMY
    * Preliminary ifo economic indicator due at 0900 GMT
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))