German stocks - Factors to watch on September 5

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05/09/2013 07:32

FRANKFURT, Sept 5 (Reuters) - The DAX top-30 index  .GDAXI  looked set to open 0.3 percent higher on Thursday, according to premarket data from brokerage Lang & Schwarz at 0625 GMT. The following are some of the factors that may move German stocks: AUTOS  BMWG.DE   VOWG_p.DE   DAIGn.DE  BMW indicated 2.0 pct higher  VW indicated 0.5 pct higher Daimler indicated 0.6 pct higher BMW brand sales in the United States jumped 45.7 percent to 24,523 in August. U.S. sales of Volkswagen's VW brand fell 1.6 percent to 40,342 vehicles last month, while those of its Audi brand were up 21.5 percent at 14,005. VW's Porsche sales were up 10 percent at 3,327 vehicles during the period. Mercedes-Benz's August U.S. sales rose 15.8 percent to 27,144 vehicles. Related news  AUT-DE-E  THYSSENKRUPP  TKAG.DE  Indicated 0.3 pct higher The supervisory board of ThyssenKrupp's European steel business is due to discuss "optimisation" of its management at a meeting on Thursday, ThyssenKrupp said. Handelsblatt cited supervisory board sources as saying Steel Europe's management board is to be shrunk to four from currently five members. Related news  TKAG.DE-E  FREENET  FNTGn.DE  Indicated 0.3 pct higher The telecom provider's Chief Executive Christoph Vilanek told daily Boersen-Zeitung that he was looking for takeover targets in the area of "digital lifestyle" to build up a second business pillar. Related news  FNTGn.DE-E  INDEX CHANGES AS OF SEPT. 23:  ID:nL6N0H030H  MDAX  0#.MDAXI  IN: OSRAM  OSRn.DE , EVONIK  EVKn.DE , RTL GROUP  RRTL.DE  OUT: BAYWA  BYWG.DE , PUMA  PUMG.DE , SGL GROUP  SGCG.DE  TECDAX  0#.TECDAX   IN: COMPUGROUP  COPMa.DE , NEMETSCHEK  NEKG.DE  OUT: EUROMICRON  EUCAn.DE , SUESS MICROTEC  SMHNn.DE  SDAX  0#.SDAXI  IN: BAYWA  BYWG.DE , PUMA  PUMG.DE , SGL GROUP  SGCG.DE , KION  KGX.DE , DEUTSCHE ANNINGTON  ANNGn.DE  OUT: PRAKTIKER  PRAG.DE , RTL  RRTL.DE , SKW STAHL-METALLURGIE  SK1Gn.DE , HIGHLIGHT COMMUNICATIONS HLGZ.DE , SMT SCHARF  S4AG.DE  OVERSEAS STOCK MARKETS Dow Jones  .DJI  +0.7 pct, S&P 500  .SPX  +0.8 pct, Nasdaq .IXIC  +1 pct at Wednesday's close.  ID:nL2N0H021D  Nikkei  .N225  +0.1 pct at Thursday's close.  ID:nL4N0H11AS  GERMAN ECONOMIC DATA German July industrial orders due at 1000 GMT. Seen -1.0 pct m/m. ECONDE   G7TODAY   EUROPEAN FACTORS TO WATCH  WATCH/EU  DIARIES  DE/DIA   WEU/EQUITY  REUTERS TOP NEWS  TOP/NEWS  (Reporting by Maria Sheahan and Ludwig Burger) ((maria.sheahan@thomsonreuters.com)(+49 69 7565 1286)(Reuters Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) Keywords: GERMANY MARKETS STOCKS