German stocks - Factors to watch on June 8

Mgi Media and Games Invest Se

08/06/2021 05:46

BERLIN/FRANKFURT, June 8 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    Germany reported 1,204 new infections and 140 more deaths.
    
    DEUTSCHE POST  DPWGn.DE 
    Italian tax police have seized assets worth more than 20
million euros ($24 million) from the local unit of logistics
giant Deutsche Post DHL as part of a fraud investigation, a
judicial document seen by Reuters showed on Monday. urn:newsml:reuters.com:*:nL2N2NP1AU
    
    LUFTHANSA  LHAG.DE 
    The German airline cancelled three Airbus  AIR.PA  A350
planes while placing a new order, resulting in a net incremental
order to two A350s.  urn:newsml:reuters.com:*:nP6N2LZ021
    
    MEDIA AND GAMES INVEST SE  M8G.DE 
    Media and Games Invest said they successfully placed 150
million euros ($183 million) of subsequent bonds giving them
firepower to execute M&A.  urn:newsml:reuters.com:*:nASN001AFH
    
    ANNUAL GENERAL MEETINGS
    S&T  SANT1.DE  - 0.30 eur/shr dividend proposed
        
    ANALYSTS' VIEWS 
    DEUTSCHE LUFTHANSA AG  LHAG.DE : GOLDMAN SACHS CUTS TO SELL
RATING
    GEA GROUP AG  G1AG.DE : GOLDMAN SACHS CUTS TO SELL FROM
NEUTRAL
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.4%, S&P 500 .SPX  -0.1%, Nasdaq  .IXIC 
+0.5% at close.  .N 
    Nikkei  .N225  -0.1%, Shanghai stocks  .SSEC  -0.5%.  .T 
 .SS 
    Time: 4:46 GMT
    
    
    ECONOMY
    German April industrial production due around 0600 GMT. Seen
+0.7% m/m.
    German June ZEW indicator due at 0900 GMT. Economic
sentiment seen at +85.3, current conditions at -28.0.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8212 euros)

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