German stocks - Factors to watch on Aug 23

Sixt SE

23/08/2021 05:56

BERLIN/FRANKFURT, Aug 23 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 3,668 new infections and 4 more deaths.
    
    AURUBIS  NAFG.DE  
    The company wants to grow its recycling business, though it
doesn't have any concrete acquisition targets at the moment,
finance chief Rainer Verhoeven told Euro am Sonntag.
    
    GRENKE  GLJn.DE  
    The company announced it would sell its 25% stake in
Viafintech GmbH for a "low double-digit million" figure. 
 urn:newsml:reuters.com:*:nASN001KOB
    
    SIXT  SIXG.DE  
    The car rental company will invest 50 million euros in
charging stations, an executive for the company told Welt.
    

    
    ANALYSTS' VIEWS 
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.7%, S&P 500 .SPX  +0.8%, Nasdaq  .IXIC 
+1.2% at close.  .N 
    Nikkei  .N225  +1.8%, Shanghai stocks  .SSEC  +1.0%.  .T 
 .SS 
    Time: 4:56 GMT
    
    
    ECONOMY
    German August Markit Flash PMI due at 0730 GMT.
Manufacturing seen at 65.0, services at 61.0, composite at 62.2.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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