German stocks - Factors to watch on February 21
21/02/2020 05:22
BERLIN, Feb 21 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
CORONAVIRUS
China reported an uptick in new cases of coronavirus,
boosted by more than 200 people testing positive for the disease
in two prisons outside the epicentre of the outbreak. The
epidemic is set to be a major focus of discussion at a meeting
on the weekend of finance leaders from the Group of 20 major
economies, Bank of Japan Governor Haruhiko Kuroda said, amid
rising risks to global growth. urn:newsml:reuters.com:*:nL4N2AL02N
Germany's trade outlook remains clouded by weaker global
demand and the coronavirus epidemic adds another risk to
exporters in Europe's largest economy, the finance ministry
said. urn:newsml:reuters.com:*:nS8N27Z06H
ALLIANZ ALVG.DE
2019 results due. Net profit seen at 7.84 billion euros.
Poll: urn:newsml:reuters.com:*:nL8N2AJ0OA Additionally, the company announced a share
buyback programme worth up to 1.5 billion euros. urn:newsml:reuters.com:*:nEQ38Q21Ja
DEUTSCHE TELEKOM DTEGn.DE
Deutsche Telekom's T-Mobile US TMUS.O and Sprint S.N
said that they had agreed on new merger terms that would reduce
the stake of major Sprint shareholder SoftBank 9434.T , while
leaving the offer to other shareholders unchanged. urn:newsml:reuters.com:*:nL4N2AK4V0
DAIMLER DAIGn.DE
Annual report due. The company already presented its 2019
results this month. urn:newsml:reuters.com:*:nL8N2AB130
AUTOS
Tesla TSLA.O got approval from a German court to continue
to cut down forest near the capital Berlin to build its first
European car and battery factory, in a defeat for local
environmental activists. urn:newsml:reuters.com:*:nL8N2AK8QY
CTS EVENTIM EVDG.DE
The ticketing company announced a partnership with concert
promoter Michael Cohl with a focus on global touring.
urn:newsml:reuters.com:*:nEQ7Kfn6xa
LPKF LPKG.DE
The company said it expected a weak first quarter due to
order fluctuations and effects from the new coronavirus outbreak
in China. urn:newsml:reuters.com:*:nEQ3hxq0fa
DR. HOENLE HNLG.DE
Fiscal Q1 results due
RHOEN KLINIKUM RHKG.DE
2019 preliminary results due
EX-DIVIDEND
INFINEON TECHNOLOGIES IFXGn.DE - 0.27 eur/shr dividend
DEUTSCHE BETEILIGUNGS AG DBANn.DE - 1.50 eur/shr dividend
OVERSEAS STOCK MARKETS
Dow Jones .DJI -0.4%, S&P 500 .SPX -0.4%, Nasdaq .IXIC
-0.7% at close. .N
Nikkei .N225 -0.1%, Shanghai stocks .SSEC +0.6%. .T
.SS
Time: 5:22 GMT
ECONOMY
* German February Markit flash PMI due at 0830 GMT.
Manufacturing PMI seen at 44.8, services PMI at 53.8, composite
seen at 50.8
* EU leaders made no headway in fractious talks on a joint
2021-27 budget that was left with a 75 billion euro hole after
Britain's departure at a time when they face costly new
challenges from climate change to migration. urn:newsml:reuters.com:*:nL8N2AK3XT
DIARIES DE/DIARY
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(Reporting by Berlin Speed Desk)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))