German stocks - Factors to watch on December 6

Heidelberger Druckmaschinen AG

06/12/2021 05:58

BERLIN/FRANKFURT, Dec 6 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 27,836 new infections and 81 more deaths.
    
    VOLKSWAGEN  VOWG_p.DE 
    VW chief legal advisor Manfred Doess will take over as board
member responsible for integrity and law after Hiltrud Werner,
whose contract should not be extended, "Handelsblatt" and
"Sueddeutsche Zeitung" reported, citing sources.
    
    RWE  RWEG.DE 
    RWE risks falling behind in the fast growing and competitive
renewables sector if it fails to quickly divest its brown coal
activities, activist fund ENKRAFT said, criticising management
for failing to come up with a rapid solution.  urn:newsml:reuters.com:*:nL8N2SQ0IH
    
    THYSSENKRUPP  TKAG.DE 
    Australia's Infinity Lithium Corp Ltd  INF.AX  said on
Monday it will collaborate with a unit of Germany's Thyssenkrupp
to explore the use of green hydrogen in producing lithium.
 urn:newsml:reuters.com:*:nL4N2SQ0OT
    
    DEUTSCHE POST  DPWGn.DE , DEUTSCHE TELEKOM  DTEGn.DE  
    Frank Appel, the chief executive of German logistics company
Deutsche Post  DPWGn.DE , is the favourite to become the next
supervisory board chairman of Deutsche Telekom  DTEGn.DE , two
sources close to the matter told Reuters.  urn:newsml:reuters.com:*:nL1N2SQ08B
    
    LUFTHANSA  LHAG.DE 
    Swiss International Air Lines has temporarily suspended
flights to Hong Kong until Dec. 11 as a result of tightened
quarantine restrictions for crew members, the Swiss unit of
German group Lufthansa LHAG.DE said on Saturday.  urn:newsml:reuters.com:*:nL8N2SP06X
    
    RWE  RWEG.DE 
    RWE risks falling behind in the fast growing and competitive
renewables sector if it fails to quickly divest its brown coal
activities, activist fund ENKRAFT said, criticising management
for failing to come up with a rapid solution.  urn:newsml:reuters.com:*:nL8N2SQ0IH
    
    CPI PROPERTY  O5G.DE 
    CPI Property Group plans to launch a mandatory takeover
offer for Austria's Immofinanz  IMFI.VI .  urn:newsml:reuters.com:*:nASN001YO4

    INDEX CHANGES    
    * MDAX  .MDAXI : Deutsche Wohnen  DWNG.DE  will join the
mid-cap index MDAX  .MDAXI  to replace Zooplus  ZO1G.DE  as of
Dec. 20
    * SDAX  .SDAXI : Vitesco Technologies  VTSCn.DE  replaces
online furniture retailer Home24  H24.DE , Heidelberger
Druckmaschinen  HDDG.DE  moves in for defence supplier Hensoldt
 HAGG.DE  and GFT Technologies  GFTG.DE  replaces Westwing
 WEW.DE 
    * TECDAX  .TECDAX : Software company Nagarro  NA9n.DE 
replaces special pump manufacturer Pfeiffer Vacuum  PV.DE 
    
    ANALYSTS' VIEWS 
    DEUTSCHE BANK AG  DBKGn.DE : JP MORGAN RAISES TO OVERWEIGHT
FROM NEUTRAL, RAISES TARGET PRICE TO EUR 15 FROM EUR 13.5
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.2%, S&P 500 .SPX  -0.8%, Nasdaq  .IXIC 
-1.9% at close.  .N 
    Nikkei  .N225  -0.3%, Shanghai stocks  .SSEC  +0.1%.  .T 
 .SS 
    Time: 5:58 GMT
    
    ECONOMY
    German November HIS Markit Cons PMI due at 0830 GMT.
    German October industrial orders due at 0700 GMT. Seen at
-0.5% m/m.
    German October manufacturing industry current prices due at
0700 GMT.
    German October consumer goods due at 0700 GMT.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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