German stocks - Factors to watch on March 22

SNP Schneider-Neureither & Partner SE

22/03/2021 05:47

BERLIN/FRANKFURT, March 22 (Reuters) - The following are
some of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 7,709 new infections and 50 more deaths.
 urn:newsml:reuters.com:*:nL8N2LK0D4
    
    Germany will supply general practitioners with vaccines and
deliver additional doses to regions on the Czech and French
borders as it seeks to get its campaign back on track following
a three-day pause in using the AstraZeneca  AZN.L  shot.
 urn:newsml:reuters.com:*:nL8N2LH2T9
    
    VOLKSWAGEN  VOWG_p.DE  
    The Volkswagen brand will not develop any further internal
combustion motor series, though development of existing series
would continue, Automobilwoche reported on Sunday. The decision
follows a similar announcement by fellow VW brand Audi.
    
    Volkswagen will suspend auto production in Brazil for 12
days as of March 24 due to the worsening COVID-19 pandemic in
the country.  urn:newsml:reuters.com:*:nS0N2K701X
    
    KUKA  KU2G.DE 
    Industrial robot maker Kuka is launching a wholly new
operating system that will make programming its robots easier,
CEO Peter Mohnen told Handelsblatt newspaper.
    
    
    INFINEON  IFXGn.DE 
    German chipmaker Infineon said on Friday it expected a
quarterly hit to revenues in the high double-digit million euro
range from a production outage at its U.S. plant in Austin,
Texas caused by last month's snowstorm.  urn:newsml:reuters.com:*:nL8N2LH577
    
    
    INDEX CHANGES https://www.deutsche-boerse.com/dbg-en/media/press-releases/New-in-DAX-Siemens-Energy-AG--2563288
    DAX
    Siemens Energy  ENR1n.DE  replaces Beiersdorf  BEIG.DE 
    MDAX
    Porsche Automobil Holding  PSHG_p.DE  replaces Aareal Bank
 ARLG.DE 
    Encavis  ECVG.DE  replaces Metro  B4B.DE 
    Nordex  NDXG.DE  replaces Osram  OSRn.DE 
    SDAX
    Osram replaces Nordex
    Metro replaces Encavis
    Aareal Bank replaces Hornbach Baumarkt  HBMG.DE 
    Suess Microtec  SMHNn.DE  replaces Cropenergies  CE2G.DE 
    Leoni  LEOGn.DE  replaces SNP Schneider Neureither & Partner
 SHFG.DE 
    TecDAX
    SMA Solar Technology  S92G.DE  replaces New Work  NWOn.DE 
    

    HAMBORNER REIT  HABAn.DE 
    Full-year financial report due.
    
    HENSOLDT  HAGG.DE 
    Full-year financial report due.
    
    TRATON  8TRA.DE 
    Full-year financial report due.
        
    ANALYSTS' VIEWS 
    INFINEON  IFXGn.DE  - Credit Suisse raises to "outperform"
from "underperform"

    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.7%, S&P 500 .SPX  -0.1%, Nasdaq  .IXIC 
+0.8% at close.  .N 
    Nikkei  .N225  -2%, Shanghai stocks  .SSEC  +0.9%.  .T 
 .SS 
    Time: 5:47 GMT
    
    
    ECONOMY
    No major German economic data scheduled.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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