German stocks - Factors to watch on August 15

MVV Energie AG

15/08/2018 05:59

FRANKFURT, Aug 15 (Reuters) - The following are some of the
factors that may move German stocks on Wednesday:
    
    SIEMENS  SIEGn.DE  
    The engineering conglomerate is still undervalued by about
20 billion euros when compared to its peers, Chief Executive Joe
Kaeser told Passauer Neue Presse. 
    
    COMMERZBANK  CBKG.DE 
    Commerzbank is carrying out a deeper restructuring of its
central operations than earlier envisaged, the Frankfurter
Allgemeine Zeitung said, creating platforms for credit, payments
and securities and reassigning management responsibilities.
             
    LEONI  LEOGn.DE 
    Q2 results due. EBIT seen down 22 percent at 65.4 million
euros. Poll:  urn:newsml:reuters.com:*:nL5N1V53FY
    
    ADO PROPERTIES  ADJ.DE 
    Q2 results due.
    
    MVV ENERGIE  MVVGn.DE 
    9-month results due.
    
    DEUTSCHE EUROSHOP  DEQGn.DE 
    Deutsche Euroshop, which invests in retail centres and
shopping malls, reported a 1.7 percent decline in first-half
profits and said it was sticking to its financial forecast for
the 2018 financial year.  urn:newsml:reuters.com:*:nASP0000V6
    
    SENVION  SENG.DE 
    Senvion, the Luxembourg-based developer, producer and
distributor of wind turbines, expects to raise 62.5 million
euros through a capital hike conducted through accelerated
bookbuilding. Pricing of the deal is 7.70 euros to market, the
bookrunner said.  urn:newsml:reuters.com:*:nL5N1V57A8
            
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.5 pct, S&P 500 .SPX  +0.6 pct, Nasdaq
 .IXIC  +0.7 pct at close.  .N 
    Nikkei  .N225  -0.9 pct, Shanghai stocks  .SSEC  -1.3 pct.
    Time: 4.59 GMT.  .T   .SS 
    
    
    GERMAN ECONOMIC DATA
    No economic data scheduled.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Douglas Busvine and Edward Taylor)
 ((Frankfurt.newsroom@tr.com))