German stocks - Factors to watch on August 15
15/08/2014 07:48
FRANKFURT, Aug 15 (Reuters) - The DAX top-30 index .GDAXI
looked set to open 0.2 percent higher on Friday, according to
premarket data from brokerage Lang & Schwarz at 0627 GMT.
The following are some of the factors that may move German
stocks:
LUFTHANSA LHAG.DE
Indicated 1.3 percent higher
Politicians from the conservative CDU and the centre-left
SPD have called for Germany's air traffic tax to scrapped in
stages from 2016, Handelsblatt reported. German airlines say the
tax costs them around 1 billion euros a year, with the lion's
share being paid by Lufthansa.
Related news LHAG.DE-E
NORDEX NDXG.DE
Indicated 3.7 percent lower higher
Nordex said its operating profit more than doubled in the
first half of 2014, boosted by strong demand for its wind
turbines in Europe. ID:nASN0004GV
Related news NDXG.DE-E
GESCO GSC1n.DE
Indicated 1.8 percent lower
The engineering group said it expected 2014/15 net income at
the lower end of its target range of 17.5-18.5 million euros.
ID:nWEA00E16
Related news GSC1n.DE-E
MVV MVVGn.DE
No indication available
Germany's fifth-largest utility said adjusted operating
profit fell 15 percent in the first nine months of its fiscal
year, hit by low power prices and a surge in renewable capacity
that has driven conventional power plants out of the market.
ID:nWEA00E13
Related news MVVGn.DE-E
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.4 pct, S&P 500 .SPX +0.4 pct, Nasdaq
.IXIC +0.4 pct at Thursday's close. ID:nL2N0QK29K
Nikkei .N225 flat at Friday's close. ID:nL4N0QL23E
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.7482 euro)
(Reporting by Kirsti Knolle and Ludwig Burger)
((ludwig.burger@thomsonreuters.com; +49 69 7565 1311; Reuters
Messaging: ludwig.burger.thomsonreuters.com@reuters.net))
Keywords: GERMANY MARKETS STOCKS