German stocks - Factors to watch on March 13

RTL SA

13/03/2020 05:26

BERLIN/FRANKFURT, March 13 (Reuters) - The following are
some of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    The coronavirus crisis is proving more of an extraordinary
situation than the banking crisis, Chancellor Angela Merkel
said, adding that her government's focus now was not how its
budget works out.  urn:newsml:reuters.com:*:nL8N2B59IX
    Governments and central banks readied more emergency
measures to tackle the economic impacts of the coronavirus as
Asian markets suffered their worst weekly crashes since the 2008
financial crisis.  urn:newsml:reuters.com:*:nL4N2B60ZV
    The number of confirmed coronavirus cases in Germany has
risen to 2,369, the Robert Koch Institute said.  urn:newsml:reuters.com:*:nS8N28N0A8
    Singapore will deny from Monday entry or transit to visitors
who have been in Italy, France, Spain or Germany in the last 14
days, as part of measures to control the fast-spreading
coronavirus, the health ministry said.  urn:newsml:reuters.com:*:nS7N2B6000
    
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank's top executives sought to assure employees
and investors over its ability to weather the coronavirus as
shares in the German lender hit a new low amid a wider stock
market sell-off.  urn:newsml:reuters.com:*:nL8N2B53E7  urn:newsml:reuters.com:*:nL8N2B57YS
    
     LUFTHANSA  LHAG.DE 
     The carrier Lufthansa said that it would continue to offer
flights to the U.S. despite travel curbs by the U.S.
administration.  urn:newsml:reuters.com:*:nL8N2B57H7
    Lufthansa has been forced by the coronavirus epidemic to
halt the sale of the international operations of its airline
caterer LSG, the company said, confirming an earlier Reuters
report.  urn:newsml:reuters.com:*:nL8N2B56VX
    Airlines appealed for urgent government financial support as
U.S. carriers rushed to cut flights to Europe in the wake of new
travel restrictions aimed at combating the coronavirus outbreak.
 urn:newsml:reuters.com:*:nL4N2B518V
    
    VOLKSWAGEN  VOWG_p.DE  
    Tesla  TSLA.O  has a 10-year start on rivals when it comes
to building electric cars and software, Thomas Ulbrich, the
Volkswagen  VOWG_p.DE  brand's board member for electromobility
said.  urn:newsml:reuters.com:*:nL8N2B57JC
    Sports car maker Lamborghini is halting production for
nearly two weeks as parent Volkswagen looks to limit the impact
on its operations from the coronavirus epidemic, Bloomberg
reported.  urn:newsml:reuters.com:*:nL4N2B55XV
    
    WIRECARD  WDIG.DE 
    The company said auditing firm KPMG did not find any
discrepancies in its audit of the company's operations in India
and Singapore as well as the Merchant Cash Advance and Digital
Lending division.  urn:newsml:reuters.com:*:nFWN2B516X
    
    
    AIRBUS  AIRG.DE 
    The company welcomed a move by Washington state to remove
what it called "illegal subsidies" to Boeing, but said the U.S.
planemaker had received billions of dollars in other subsidies
and tax breaks.  urn:newsml:reuters.com:*:nL1N2B52Z8
    
    FRAG.DE  FRAG.DE 
    2019 results due
    
    PROSIEBENSAT.1  PSMGn.DE 
    The media company said a group of Czech and Slovak investors
had almost doubled their stake in the company.  urn:newsml:reuters.com:*:nL8N2B588N
    
    RTL  RRTL.DE 
    2019 results due
    
       
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -10%, S&P 500 .SPX  -9.5%, Nasdaq  .IXIC 
-9.4% at close.  .N 
    Nikkei  .N225  -3.7%, Shanghai stocks  .SSEC  -1.4%.  .T 
 .SS 
    Time: 5:26 GMT
    
    
    ECONOMY
    * German February final CPI due at 0700 GMT
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))