German stocks - Factors to watch on January 31

Stabilus SE

31/01/2022 05:45

BERLIN/FRANKFURT, Jan 31 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 78,318 new infections and 61 more deaths.
    
    German Finance Minister Christian Lindner told Der Spiegel
on Sunday that concrete plans need to be made about when and
under what conditions coronavirus restrictions can be loosened.
    
    STABILUS SA  STAB.DE  
    First-quarter results due.
    
    THE GREENS
    Germany's Greens elected a 28-year-old lawmaker as one of
their leaders on Saturday, building on their success in a
national election last year that revealed their popularity among
young voters.  urn:newsml:reuters.com:*:nL1N2U90B3
    
    UKRAINE
    France and Germany's foreign affairs ministers will travel
to Kiev for talks with their Ukrainian counterpart Dmytro Kuleba
on Feb. 7-8, they said on Twitter on Saturday.  urn:newsml:reuters.com:*:nL8N2U90B9
    
    BASF  BASFn.DE 
    Russian billionaire Mikhail Fridman's LetterOne will block
any attempt to float Wintershall Dea by Germany's BASF, the
Financial Times reported on Monday.  urn:newsml:reuters.com:*:nL4N2UB0UG
       
    CARBON BORDER TAX
    German Foreign Minister Annalena Baerbock told Funke Media
Group she expects the European Union's carbon border tax to lead
to a switch to renewable energies in Russia as well.
 urn:newsml:reuters.com:*:nL8N2U90FV  
    
    VULCAN ENERGY RESOURCES  VUL.AX 
    Lithium miner Vulcan Energy Resources said on Monday it
finalised a binding agreement to sell lithium hydroxide to the
battery unit of South Korea's LG Chem from its project in
Germany.  urn:newsml:reuters.com:*:nL4N2UA0SL
    
    RENEWABLE ENERGY
    Germany may scrap a levy on electricity bills that is used
to support renewable power from the second half of the year, to
ease the strain of rising energy costs on households, Finance
Minister Christian Lindner was quoted as saying on Sunday.
 urn:newsml:reuters.com:*:nL1N2UA05U
    
    DEUTSCHE BANK  DBKGn.DE 
    Some employees of Deutsche Bank's Postbank will stage a
strike on Monday to raise pressure on management to meet their
demands for higher wages in the face of rising inflation, a
union official said on Sunday.  urn:newsml:reuters.com:*:nL1N2UA06Y
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    German politicians from the SPD and the Greens on Saturday
criticized plans to raise CEO Timotheus Hoettges salary by
300,000 euros in the middle of a pandemic.  urn:newsml:reuters.com:*:nL8N2U90FL
    
    HEIDELBERGER DRUCKMASCHINEN AG  HDDG.DE 
    CEO Rainer Hundsdoerfer told the Frankfurter Allgemeine
Zeitung on Saturday that the group will gradually be transformed
into an automation and technology company.  urn:newsml:reuters.com:*:nL8N2U903W
    
        
        
    ANALYSTS' VIEWS 
    SOFTWARE AG  SOWGn.DE : JP MORGAN CUTS TARGET PRICE TO EUR
40 FROM EUR 45
    HENKEL AG & CO KGAA  HNKG_p.DE : JP MORGAN CUTS TARGET PRICE
TO EUR 74 FROM EUR 85
    HENKEL AG & CO KGAA  HNKG_p.DE : JEFFERIES CUTS TARGET PRICE
TO EUR 80 FROM EUR 93
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.7%, S&P 500 .SPX  +2.4%, Nasdaq  .IXIC 
+3.1% at close.  .N 
    Nikkei  .N225  +1.0%, Chinese markets closed.  .T   .SS 
    Time: 5:45 GMT
    
    
    ECONOMY

    German January preliminary CPI due at 1300 GMT. Seen -0.3%
m/m, 4.3% y/y, harmonized seen -0.4% m/m, 4.7% y/y.

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