German stocks - Factors to watch on June 29

JDC AG

29/06/2021 06:11

BERLIN/FRANKFURT, June 29 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 404 new infections and 57 more deaths.
 urn:newsml:reuters.com:*:nL5N2OB062
    The share of COVID-19 cases caused by the more infectious
Delta variant of the coronavirus more than doubled in Germany
within a week and is likely to gain more traction over other
variants, a senior health official was quoted as saying on
Monday.  urn:newsml:reuters.com:*:nL2N2OA20A
    
    FRESENIUS MEDICAL CARE  FMEG.DE 
    Dialysis group Fresenius Medical Care (FMC) expects the
impact of the coronavirus crisis slow its growth until mid-2022.
"The pandemic is costing us a year of growth," CEO Rice Powell
said in an interview with Handelsblatt newspaper. "We expect to
feel the impact of excess mortality in dialysis patients until
June next year."
    
    GEA  G1AG.DE 
    GEA Group said it has signed an agreement to sell its
refrigeration contracting operations in Spain and Italy.
 urn:newsml:reuters.com:*:nFWN2OA0YA
    
    CORESTATE  CCAG.DE 
    Corestate subsidiary STAM Europe has acquired two
residential buildings for its opera fund.  urn:newsml:reuters.com:*:nASN001DUI 
    
    FORMYCON  FYB.DE 
    Formycon and Bioeq have submitted a marketing authorization
application for the biosimilar FYB201 to the European drugs
regulator.  urn:newsml:reuters.com:*:nASN001DUF
    
    MYHAMMER HOLDING  MYRKk.DE 
    Homeadviser said it had made a public delisting offer to the
shareholders of Myhammer of 22 euros per share.  urn:newsml:reuters.com:*:nFWN2OA0T8
    
    JDC GROUP  JDC.DE 
    JDC Group said it has established a joint venture with
Provinzial Konzern.  urn:newsml:reuters.com:*:nFWN2OA0V4
    
    
    ANNUAL GENERAL MEETINGS
    CANCOM  COKG.DE  - 0.75 eur/shr dividend proposed
    QIAGEN  QIA.DE  - 0 eur/shr dividend proposed
    ADLER GROUP  ADJ.DE  - 0.46 eur/shr dividend proposed
    FLATEXDEGIRO  FTKn.DE  - 0 eur/shr dividend proposed

    ANALYSTS' VIEWS 

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.4%, S&P 500 .SPX  +0.2%, Nasdaq  .IXIC 
+1.0% at close.  .N 
    Nikkei  .N225  -0.9%, Shanghai stocks  .SSEC  -1%.  .T 
 .SS 
    Time: 5:11 GMT
    
    
    ECONOMY
    German April prelim CPI due at 1200 GMT. Seen +0.4% m/m,
+2.3% y/y, harmonized +0.4% m/m, +2.1% y/y. State consumer
prices data due throughout the morning
    
    German Finance Minister Olaf Scholz told the Financial Times
Germany must continue big-spending plans next year to avoid a
hard economic landing.  urn:newsml:reuters.com:*:nL3N2OB11F
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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