German stocks - Factors to watch on August 16

Grand City Properties SA

16/08/2021 05:41

BERLIN/FRANKFURT, Aug 16 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany
increased by 2,126 and the reported death toll rose by 4.

    HELLA  HLE.DE 
    French car parts suppliers Faurecia  EPED.PA  late on
Saturday agreed to acquire a majority stake in German automotive
lighting group Hella, trumping rival bidders in a 6.7 billion
euros deal. urn:newsml:reuters.com:*:nL1N2PL0EU
    
    
    SIEMENS HEALTHINEERS  SHLG.DE 
    The medical technology company aims to increase the profit
margin of newly acquired Varian Medical Systems Inc to more than
20% from 15%, Healthineers' finance chief Jochen Schmitz told
Boersen-Zeitung in an interview.
    
    GRAND CITY PROPERTIES  GYC.DE  
    First-half results due. 
    
    ANALYSTS' VIEWS 

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  +0.2%, Nasdaq
 .IXIC  unchanged at close.  .N 
    Nikkei  .N225  -1.8%, Shanghai stocks  .SSEC  +0.4%.  .T 
 .SS 
    Time: 4:41 GMT
    
    
    ECONOMY
    No major German economic data scheduled.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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