German stocks - Factors to watch on March 9

Fuchs Se

09/03/2021 07:21

BERLIN/FRANKFURT, March 9 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 4,252 new infections and 255 more deaths.
    Germany expects to receive more than 60 million doses of
coronavirus vaccine during the second quarter of this year, a
person with knowledge of the matter said on Monday.  urn:newsml:reuters.com:*:nL8N2L64FC
    
    IPO 
    Vodafone Group  VOD.L , on Tuesday set the price range for
the planned floating of mobile infrastructure company Vantage
Towers at 22.50 to 29.00 euros ($26.68- 34.39) per share,
implying a total market capitalisation of up to 14.7 billion
euros.  urn:newsml:reuters.com:*:nL8N2L7178
    
    CONTINENTAL  CONG.DE 
    German automotive parts maker Continental AG on Tuesday said
it expects 2021 sales and profit margin to grow despite expected
additional costs due to chip shortages.  urn:newsml:reuters.com:*:nASN000XFO
    
    DEUTSCHE POST  DPWGn.DE 
    Deutsche Post raised its medium-term financial targets on
Tuesday after beating its forecasts for 2020, predicting that
the boom in ecommerce driven by the coronavirus pandemic will
continue and world trade will gradually recover.  urn:newsml:reuters.com:*:nL8N2L70XD
    
    SYMRISE  SY1G.DE 
    German flavour and fragrance maker Symrise missed
profitability expectations in 2020 after a cyberattack hit sales
in the last quarter.  urn:newsml:reuters.com:*:nL1N2L70BQ
    
    HAMBORNER REIT AG 
    The real estate investment firm said it had acquired office
property in Mainz and sold additional high street retail
properties.  urn:newsml:reuters.com:*:nASN000XFC
    
    OSRAM LICHT  OSRn.DE  
    The company said that would file an application to change
the listing sub-segment of the Frankfurt exchange in a move that
would save it costs.  urn:newsml:reuters.com:*:nASN000XDM
    
    FUCHS PETROLUB  FPEG_p.DE 
    The lubricants manufacturer said full-year earnings before
interest and taxes dropped 3% to 313 million euros. 
    
    SILTRONIC  WAFGn.DE 
    The silicon wafers supplier reported a drop in last year's
sales and EBITDA but said it expects a significant increase in
wafer area sold in 2021.
    
    
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.0%, S&P 500 .SPX  -0.5%, Nasdaq  .IXIC 
-2.4% at close.  .N 
    Nikkei  .N225  +1.0%, Shanghai stocks  .SSEC  -1.8%.  .T 
 .SS 
    Time: 7:20 GMT
    
    
    ECONOMY
    German exports unexpectedly rose in January, buoyed by
robust trade with China in a positive start to the year for
manufacturers in Europe's largest economy.  urn:newsml:reuters.com:*:nL8N2L653S
    
    
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    REUTERS TOP NEWS  TOP/NEWS 

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