German stocks - Factors to watch on Sept. 30

Hornbach Holding AG & Co KGaA

30/09/2021 05:44

BERLIN/FRANKFURT, Sept 30 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    VOLKSWAGEN VOWG_p.DE  
    The chief executive of Volkswagen's truck unit Traton
 8TRA.DE , Matthias Gruendler, will leave the business and will
be replaced by the head of Traton subsidiary Scania, Christian
Levin, who will lead both businesses.  urn:newsml:reuters.com:*:nL8N2QV5TG
    
    TESLA TSLA.O  
    The German state of Brandenburg said on Wednesday no
decision has been taken on Tesla's request to build a factory
near Berlin, following a media report that regulators had agreed
on the terms of a conditional approval.  urn:newsml:reuters.com:*:nL8N2QV57A
    
    ANNUAL GENERAL MEETINGS
    HELLA  HLE.DE  - 0.96 eur/shr dividend proposed
        
    ANALYSTS' VIEWS 
    DIDAS AG  ADSGn.DE : CREDIT SUISSE CUTS TARGET PRICE TO EUR
300 FROM EUR 310
    AROUNDTOWN SA  AT1.DE : GOLDMAN SACHS RAISES TO BUY FROM
NEUTRAL; RAISES TARGET PRICE TO EUR 7.50
    GEA GROUP AG  G1AG.DE : JP MORGAN RAISES TARGET PRICE TO EUR
39 FROM EUR 36
    SCOUT24 AG  G24n.DE : JP MORGAN CUTS TO NEUTRAL FROM
OVERWEIGHT; CUTS TARGET PRICE TO EUR 64 FROM EUR 80
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones +0.26%  .DJI , S&P 500 .SPX  +0.2%, Nasdaq  .IXIC 
-0.2% at close.  .N 
    Shanghai stocks  .SSEC  +0.4%.  .T   .SS 
    Time: 4:44 GMT
    
    
    ECONOMY   
    German September unemployment due at 0755 GMT. Change seen
at -33k, rate seen at 5.4%.
    German September preliminary CPI due at 1200 GMT. Seen at
+0.1% m/m, +4.2% y/y, harmonised seen at +0.2% m/m, +4.0% y/y.
    

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 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
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