German stocks - Factors to watch on December 7

home24 SE

07/12/2020 05:49

BERLIN/FRANKFURT, Dec 7 (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 12,332 to 1,183,655, data from the Robert Koch
Institute (RKI) for infectious diseases showed on Monday. The
reported death toll rose by 147 to 18,919, the tally showed.
 urn:newsml:reuters.com:*:nL8N2IN0AI
    The southern German region of Bavaria, which has so far
recorded the country's highest coronavirus death toll, announced
on Sunday that it will impose a tougher lockdown from Wednesday
until Jan. 5.  urn:newsml:reuters.com:*:nL1N2IM07N
    German police intervened on Saturday to break up a
demonstration by opponents of coronavirus lockdown measures in
the northern city of Bremen after the protest was banned by the
country's highest court.  urn:newsml:reuters.com:*:nL1N2IL09E
    
    BAYER  BAYGn.DE 
    Bayer AG said on Monday it has signed an agreement with
Atara Biotherapeutics Inc  ATRA.O  to manufacture and sell the
U.S. drugmaker's experimental cancer therapy, in a move that
would expand its oncology pipeline.  urn:newsml:reuters.com:*:nL4N2IN15Q
    
    CARMAKERS  VOWG_p.DE   DAIGn.DE   BMWG.DE 
    A shortage of chips used in auto manufacturing could disrupt
automotive production in China well into next year, industry
officials said Friday, with chip companies saying they are
raising prices and expanding their production in response.
    The chief executive of Volkswagen expects autonomous
vehicles to be ready for sale between 2025 and 2030, he told a
magazine.  urn:newsml:reuters.com:*:nL1N2IM05D
    
    LUFTHANSA   LHAG.DE 
    Lufthansa will have shed 29,000 staff by the end of the year
and the German airline will cut another 10,000 jobs in its home
country next year as it struggles to cope with the coronavirus,
a newspaper reported on Sunday.  urn:newsml:reuters.com:*:nL1N2IL0FI
    A deal to cut costs and save jobs at Lufthansa LHAG.DE has
won the support of a majority of the Verdi trade union members
who work for the German airline as ground staff, according to
the results of a ballot seen by Reuters on Friday.  urn:newsml:reuters.com:*:nL1N2IK23H
    
    ZALANDO ZALG.DE  
    Rubin Ritter, who has been co-chief executive of German
online fashion company Zalando  ZALG.DE  since 2010, will step
down next year, leaving Robert Gentz and David Schneider to
continue to lead the company as co-CEOs.  urn:newsml:reuters.com:*:nL1N2IM0CD
    
    BILFINGER GBFG.DE  
    Buyout group EQT  EQTAB.ST  is selling facilities manager
Apleona, a former unit of industrial services group Bilfinger
 GBFG.DE , to private equity firm PAI Partners for about 1.6
billion euros ($1.94 billion), it said on Sunday.  urn:newsml:reuters.com:*:nL1N2IM0A4
    
    HOME24  H24.DE 
    Home24 on Friday said November profitability was in line
with its recently upgraded guidance for 2020.  urn:newsml:reuters.com:*:nFWN2IK0AR
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.8%, S&P 500 .SPX  +0.9%, Nasdaq  .IXIC 
+0.7% at close.  .N 
    Nikkei  .N225  -0.6%, Shanghai stocks  .SSEC  -0.5%.  .T 
 .SS 
    Time: 5:49 GMT

    
    GERMAN ECONOMIC DATA
    German October Industrial Output due at around 0700 GMT.
Seen +1.6 m/m.

    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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