German stocks - Factors to watch on March 14

Hypoport SE

14/03/2022 05:37

BERLIN/FRANKFURT, March 14 (Reuters) - The following are
some of the factors that may move German stocks on Monday:
    
    
    UKRAINE
    Diplomatic efforts to end the war in Ukraine were stepping
up on Monday, with Ukrainian and Russian negotiators set to talk
again after both sides cited progress, even after Russia
attacked a base near the Polish border and fighting raged
elsewhere.  urn:newsml:reuters.com:*:nL2N2VH034
    On Saturday, German Chancellor Olaf Scholz and French
President Emmanuel Macron called for an immediate ceasefire in
the Ukraine conflict during a 75-minute phone call with Russian
President Vladimir Putin, a German government spokesperson said.
 urn:newsml:reuters.com:*:nL5N2VF0DA
    Also on Saturday, Foreign Minister Annalena Baerbock said
Germany will take in 2,500 refugees who have fled to Moldova
from Ukraine, as eastern Europe's efforts to aid refugees come
under strain.  urn:newsml:reuters.com:*:nL2N2VF0AQ
    Former German Chancellor Gerhard Schroeder met Russian
President Vladimir Putin for several hours on Thursday evening
in a bid to end the war in Ukraine, Germany's Bild am Sonntag
(BamS) reported, although it was unclear what was achieved.
 urn:newsml:reuters.com:*:nL2N2VF0H1
    
     
    DEUTSCHE BANK  DBKGn.DE  
    The bank, which faced stinging criticism from some investors
and politicians for its ongoing ties to Russia, said on Friday
in a surprise move that it would wind down its business in the
country.  urn:newsml:reuters.com:*:nL5N2VE1GY
    Deutsche Bank on Friday disclosed that it had agreed with
the U.S. Department of Justice to extend the stay of a special
monitor after it failed to report allegations involving its DWS
funds unit in a timely manner.  urn:newsml:reuters.com:*:nL5N2VE5LF
        
    
    VOLKSWAGEN  VOWG_p.DE 
    Europe's top carmaker doubled its operating profit in 2021
but warned that Russia's invasion of Ukraine and its impact on
supply chains could hit business this year in unforeseen
ways. urn:newsml:reuters.com:*:nL5N2VE5LP
    
        
    QATAR
    The German government, working to reduce its dependence on
Russian oil and gas, discussed energy supplies with Qatar this
week, the federal chancellery's state secretary said on
Saturday.  urn:newsml:reuters.com:*:nL2N2VF06L
    
      
    UTILITIES
    Germany's VNG, a unit of utility EnBW, has applied for state
aid to shield it from any collapse in Russian gas supplies,
Handelsblatt business daily reported.  urn:newsml:reuters.com:*:nL2N2VG0DJ
    
    
    AIRLINES/AIRPORTS
    Public sector union Verdi has called for strikes at some
German airports, including Berlin, Duesseldorf and Cologne/Bonn,
on Monday over a pay dispute for some 25,000 security staff. 
    
    
    HYPOPORT SE  HYQGn.DE 
    Full year results due.
    
    TALANX AG  TLXGn.DE 
    Full year results due.
    
    DEUTZ AG  DEZG.DE 
    Full year results due.
    
    
        
    ANALYSTS' VIEWS 
    MTU AERO ENGINES AG  MTXGn.DE : JP MORGAN RAISES TARGET
PRICE TO EUR 245 FROM EUR 220
    MERCK KGAA  MRCG.DE : JP MORGAN CUTS TARGET PRICE TO EUR 250
FROM EUR 270
    HAPAG LLOYD AG  HLAG.DE : JP MORGAN CUTS TARGET PRICE TO EUR
165 FROM EUR 167.20
    CONTINENTAL AG  CONG.DE : CREDIT SUISSE CUTS TARGET PRICE TO
EUR 65 FROM EUR 85
    DWS GROUP GMBH & CO KGAA  DWSG.DE : CREDIT SUISSE CUTS
TARGET PRICE TO EUR 33.60 FROM EUR 39.40
    BRENNTAG SE  BNRGn.DE : CREDIT SUISSE CUTS TARGET PRICE TO
EUR 90 FROM EUR 100
    EVONIK INDUSTRIES AG  EVKn.DE : HSBC CUTS TARGET PRICE TO
EUR 26 FROM EUR 30
    FRESENIUS SE  FREG.DE : HSBC CUTS TARGET PRICE TO EUR 46
FROM EUR 54
    FMC AG  FMEG.DE : HSBC CUTS TARGET PRICE TO EUR 62 FROM EUR
63
    MERCEDES-BENZ GROUP AG  MBGn.DE : JEFFERIES CUTS TARGET
PRICE TO EUR 66 FROM EUR 82
    CONTINENTAL AG  CONG.DE : JEFFERIES CUTS TARGET PRICE TO EUR
105 FROM EUR 125
    VITESCO TECHNOLOGIES GROUP AG  VTSCn.DE : JEFFERIES CUTS
TARGET PRICE TO EUR 70 FROM EUR 88
    
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.7%, S&P 500 .SPX  -1.3%, Nasdaq  .IXIC 
-2.2% at close.  .N 
    Nikkei  .N225  +1.0%, Shanghai stocks  .SSEC  -1.3%.  .T 
 .SS 
    Time: 5:36 GMT

    
    ECONOMY
    German January Current Account - Balance
    German February wholesale price index due around 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))