German stocks - Factors to watch on May 13
13/05/2020 05:26
BERLIN, May 13 (Reuters) - The following are some of the
factors that may move German stocks on Wednesday:
CORONAVIRUS
Stocks and oil prices fell as fears about a second wave of
coronavirus infections gripped financial markets. urn:newsml:reuters.com:*:nL4N2CV01I
The reproduction rate for the pandemic in Germany fell below
the critical threshold of 1 to an estimated 0.94 after a 1.07
reading, the Robert Koch Institute for public health and disease
control said. urn:newsml:reuters.com:*:nL8N2CU7C0
Germany must help its European Union neighbours revive their
economies after the coronavirus crisis, Chancellor Angela Merkel
told a meeting of lawmakers from her conservative bloc,
according to several participants. urn:newsml:reuters.com:*:nL8N2CU8EN
The European Union executive will recommend that border
restrictions be gradually lifted and travel stalled by the
coronavirus pandemic allowed to restart in order to revive
tourism, a major industry across the 27-country bloc.
urn:newsml:reuters.com:*:nL8N2CU6VP
DEUTSCHE BANK DBKGn.DE
Top managers will waive one month of fixed pay in an effort
to cut costs as Germany's largest lender deals with the fall-out
of the coronavirus crisis. urn:newsml:reuters.com:*:nL8N2CU7LN
Deutsche Bank shareholder Union Investment will vote on
ratifying the actions of the company's executive and supervisory
boards at the annual general meeting, a Union fund manager told
business newspaper Handelsblatt.
DAIMLER DAIGn.DE
The Daimler-BAIC joint venture's view on the Chinese auto
market this year is "moderately positive" based on its April
sales performance, the partnership's CEO said. urn:newsml:reuters.com:*:nB9N2CC012
THYSSENKRUPP TKAG.DE
The German government's "protective umbrella" for businesses
is open to the struggling conglomerate, which warned it faced a
deep quarterly loss, Rheinische Post newspaper quoted an economy
ministry spokeswoman as saying. urn:newsml:reuters.com:*:nL8N2CU890
COMMERZBANK CBKG.DE
Q1 results due
DEUTSCHE PFANDBRIEFBANK PBBG.DE
Q1 results due
DEUTSCHE WOHNEN DWNG.DE
Q1 results due
UNITED INTERNET UTDI.DE
Q1 results due
1&1 DRILLISCH DRIG.DE
Q1 results due
JENOPTIK JENGn.DE
Q1 results due
INDEX CHANGE
Godewind Immobilien GWD.DE will be deleted from the SDAX
.SDAXI while Sixt Leasing LNSX.DE will be added, Deutsche
Boerse said https://bit.ly/360Wn4v.
ADLER MODEMAERKTE ADDG.DE
The fashion retailer said it received 69 million euros in
financing commitments provide it with additional stability in
its operations and added it was still unable to issue a 2020
forecast due to the coronavirus pandemic. urn:newsml:reuters.com:*:nEQ8wZDSca
ENCAVIS HWAG.DE
Q1 results due
LEONI LEOGn.DE
Q1 results due.
SAF HOLLAND SFQN.DE
Q1 results due
SALZGITTER SZGG.DE
Q1 results due
SIXT SIXG.DE
Q1 results due
ANNUAL GENERAL MEETINGS
COMMERZBANK CBKG.DE - no dividend proposed
COMPUGROUP MEDICAL COPMa.DE - 0.50 eur/shr dividend
proposed
ADVA OPTICAL NETWORKING ADAG.DE - no dividend proposed
ENCAVIS HWAG.DE - 0.26 eur/shr dividend proposed
OVERSEAS STOCK MARKETS
Dow Jones .DJI -1.9%, S&P 500 .SPX -2.1%, Nasdaq .IXIC
-2.1% at close. .N
Nikkei .N225 -0.6%, Shanghai stocks .SSEC -0.2%. .T
.SS
Time: 4:26 GMT
ECONOMY
No major German economic data scheduled
DIARIES DE/DIARY
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(Reporting by Berlin Speed Desk)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))