German stocks - Factors to watch on March 15

Gerry Weber International AG

15/03/2018 05:48

FRANKFURT, March 15 (Reuters) - The following are some of
the factors that may move German stocks on Thursday:
    
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE 
    Monthly European car sales data due from association ACEA at
0700 GMT.
    Separately, Volkswagen's Audi  NSUG.DE  due to hold annual
news conference.
    A German ruling to legitimise bans on high-polluting diesel
cars will hit second-hand values and cause inventory levels of
used vehicles to rise, ratings agency Moody's said.  urn:newsml:reuters.com:*:nL8N1QW6NK
    Also, German Chancellor Angela Merkel told German
broadcaster ZDF that she was "astonished" by the rapid rise in
some managers' pay at Volkswagen.
    
    BASF  BASFn.DE 
    German chemical company BASF will devote 2.7 billion euros
($3.33 billion) to the Asia-Pacific region through 2022,
Japanese newspaper Nikkei reported, quoting Sanjeev Gandhi, the
board member in charge of the region.
    
    LUFTHANSA  LHAG.DE 
    Q4 results due. Adjusted EBIT seen up nearly fourfold at 278
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1QV43H
    
    MUNICH RE  MUVGn.DE 
    Full Q4 results, news conference due. The group reported
preliminary results and 2018 guidance on Feb. 6 that fell short
of analyst expectations.  urn:newsml:reuters.com:*:nL8N1PW0XP
    Separately, Bloomberg reported that Munich Re is in talks to
acquire a plot of land that has approval for one of the tallest
towers in the City of London financial district, citing people
with knowledge of the plan.  urn:newsml:reuters.com:*:nL3N1QW5AT
    
    SIEMENS  SIEGn.DE , HEALTHINEERS  SHLG.DE  
    Offer period for Healthineers IPO due to end.
    Shares in Siemens Healthineers are likely to be priced at 28
euros ($34.64) in its initial public offering, on the lower side
of a guidance range of 26 to 31 euros, two sources close the
deal said.  urn:newsml:reuters.com:*:nL8N1QW4GZ
    Separately, Siemens said it had signed a turnkey project to
build a light rail system in Copenhagen, the capital of Denmark.
    
    VONOVIA  VNAn.DE 
    The real estate company is due to publish the final
acceptance level of its takeover offer for Buwog  BWOA.VI .
    
    HOCHTIEF  HOTG.DE 
    Australian unit Cimic  CIM.AX  won a A$190 million congtract
extension from Anglo American to continue to provide mining
services at Dawson South.  urn:newsml:reuters.com:*:nFWN1QW0U2
    
    K+S  SDFGn.DE 
    Q4 results due. Operating profit seen more than tripling to
95 million euros. Poll:  urn:newsml:reuters.com:*:nL8N1QV3LO
    
    LANXESS  LXSG.DE 
    Q4 results due. Adjusted EBITDA seen up 33 percent at 243
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1QV3KE
    
    RHEINMETALL  RHMG.DE 
    Full Q4 results due. The group reported preliminary results
on March 1, with operating profit up 13 percent at 400 million
euros.  urn:newsml:reuters.com:*:nFWN1QJ01N
    
    GERRY WEBER  GWIG.DE 
    Q1 results due.
    
    PATRIZIA IMMOBILIEN  P1ZGn.DE 
    Full Q4 results due. The group published preliminary figures
on Feb. 19 and said it expected its 2018 operating income to
come to 85-100 million euros.  urn:newsml:reuters.com:*:nASM000JEY
    
    RATIONAL  RAAG.DE 
    Full Q4 results due. The group published key figures on Jan.
16.  urn:newsml:reuters.com:*:nFWN1PA0O8
    
    SIXT  SIXG.DE 
    Full-year news conference. The company published preliminary
figures on Feb. 9, with quarterly pretax profit jumping by 30
percent.  urn:newsml:reuters.com:*:nASM000J61
       
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -1 pct, S&P 500 .SPX  -0.6 pct, Nasdaq
 .IXIC  -0.2 pct at close.  .N 
    Nikkei  .N225  +0.1 pct, Shanghai stocks  .SSEC  -0.5 pct.
    Time: 5.48 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    No economic data scheduled.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Douglas Busvine and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))