German stocks - Factors to watch on March 6

Gerry Weber International AG

06/03/2018 06:13

FRANKFURT, March 6 (Reuters) - The following are some of the
factors that may move German stocks on Tuesday:
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen is pondering a stock sale of its truck and bus
division as part of ongoing efforts to boost the group's
efficiency, the carmaker's chief executive said on Monday.
 urn:newsml:reuters.com:*:nF9N1QB01T
    
    VONOVIA  VNAn.DE 
    Germany's biggest residential real estate company Vonovia
VNAn.DE stuck with its guidance for an increase in 2018 core
profit as it reported a 21 percent jump in 2017 earnings.
 urn:newsml:reuters.com:*:nF9N1H000C
    
    SAP  SAPG.DE 
    Capital Markets Day due after market close.
    
    AIRBUS  AIRG.DE 
    Airbus  AIR.PA  has set a goal of tripling services revenues
from its commercial aircraft business to $10 billion within
seven years and sharply reducing the number of times its jets
are stranded on the ground for technical reasons, industry
sources said.  urn:newsml:reuters.com:*:nL5N1QN60R
    
    EVONIK  EVKn.DE 
    The chemicals put up for sale its methacrylates plastics
business, which makes clear acrylic sheet and precursor
chemicals. It also said fourth-quarter adjusted EBITDA rose to
474 million euros, slightly below analysts' estimates of 479
million.  urn:newsml:reuters.com:*:nL8N1N75O6
    
    KION  KGX.DE 
    Capital Markets Day due.
    
    INDEX CHANGES AS OF MARCH 19:
    
    DAX  0#.GDAXI 
    IN: COVESTRO  1COV.DE 
    OUT: PROSIEBENSAT.1  PSMGn.DE 
    
    MDAX  0#.MDAXI 
    IN: PROSIEBENSAT.1, AROUNDTOWN  AT1.DE , ROCKET INTERNET
 RKET.DE 
    OUT: COVESTRO  1COV.DE , STEINHOFF INTERNATIONAL  SNHG.DE ,
SUEDZUCKER  SZUG.DE 
    
    TECDAX  0#.TECDAX 
    IN: AUMANN  AAGG.DE , ISRA VISION  ISRG.DE  
    OUT: GFT TECHNOLOGIES  GFTG.DE , ADVA OPTICAL NETWORKING
 ADAG.DE  
    
    SDAX  0#.SDAXI 
    IN: STEINHOFF, SUEDZUCKER, CORESTATE CAPITAL HOLDING
 CCAG.DE , JOST WERKE  JSTG.DE 
    OUT: AROUNDTOWN, ROCKET INTERNET, GERRY WEBER  GWIG.DE , MLP
 MLPG.DE  
    
    NAME  RIC 
    TEXT  urn:newsml:reuters.com:*:nUSN
    "Related news" line no longer needed
    
    ANALYSTS' VIEWS 
    MTU AERO ENGINES AG   MTXGn.DE : BERENBERG RAISES TO BUY
FROM HOLD
    ‍​
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.4 pct, S&P 500 .SPX  +1.1 pct, Nasdaq
 .IXIC  +1.0 pct at close.  .N 
    Nikkei  .N225  +1.8 pct, Shanghai stocks  .SSEC  +0.7 pct.
    Time: 6.13 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 Maria Sheahan and Arno Schuetze)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))