German stocks - Factors to watch on May 2

Stabilus SE

02/05/2022 05:33

BERLIN/FRANKFURT, May 2 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    UKRAINE
    Around 100 civilians evacuated from the ruined Azovstal
steelworks in Mariupol were due to arrive in a Ukrainian-held
city on Monday, Ukrainian President Volodymyr Zelenskiy said,
after U.S. Speaker Nancy Pelosi made a surprise visit to Kyiv.
 urn:newsml:reuters.com:*:nL2N2WU00Z    
    Chancellor Olaf Scholz on Sunday rejected criticism that
Germany was not showing leadership in western efforts to supply
Ukraine with heavy weapons to repel Russia's invasion, saying
that he'd rather be cautious than make hasty decisions.
 urn:newsml:reuters.com:*:nL2N2WT03D
    
    BAYER  BAYGn.DE 
    Shareholders of Bayer on Friday voted to reprimand the
German drug and farming supplies maker for its top management
pay scheme, after one leading proxy advisory group said it did
not adequately reflect Bayer's litigation burden.  urn:newsml:reuters.com:*:nL5N2WN4XI
    
    ENERGY
    Germany wants to build four instead of three floating
storage and regasification units (FSRUs) as it strives to
replace Russian gas with liquefied natural gas (LNG) that can be
sourced from many countries, the economy ministry said on
Sunday.  urn:newsml:reuters.com:*:nL2N2WT0AG
    Germany's energy regulator has asked for more power capacity
to stand ready in the coming winter to protect consumers from a
possible fall in gas supplies out of Russia and as yet
insufficient transport networks, it said on Friday.  urn:newsml:reuters.com:*:nL5N2WR779
    
    LEONI AG  LEOGn.DE 
    German cable and harness maker Leoni, which supplies
automakers with wire harnesses crucial for car production, on
Friday reported a first-quarter operating loss, blaming supply
chain bottlenecks, inflation and effects of the war in Ukraine.
 urn:newsml:reuters.com:*:nL2N2WR29Y
    
    TUI AG  TUIGn.DE 
    Holiday group TUI recorded 1.3 million bookings in the past
four weeks, chief executive Fritz Joussen told staff in a letter
seen by Reuters on Sunday, pointing to a sustained recovery from
the pandemic.  urn:newsml:reuters.com:*:nL2N2WT05T
    
    ADLER GROUP SA  ADJ.DE 
    Says KPMG cannot provide audit opinion on 2021 accounts.
 urn:newsml:reuters.com:*:nFWN2WS001
    Also expects to generate net rental income for 2022 in range
of 203-212 million euros And FFO 1 in range of 73-76 million
euros.  urn:newsml:reuters.com:*:nASM0009S2
    
    SIXT SE  SIXG.DE 
    Says it was subject to cyberattack, able to contain at an
early stage.  urn:newsml:reuters.com:*:nFWN2WS08I
    
    STABILUS SE  STAB.DE  
    Second-quarter results due.
    
        
    EX-DIVIDEND 
    BASF SE  BASFn.DE  - 3.40 euros/shr dividend
    BAYER AG - 2.00 euros/shr dividend
    CONTINENTAL AG  CONG.DE  - 2.20 euros/shr dividend
    MERCEDES-BENZ GROUP AG  MBGn.DE  - 5.00 euros/shr dividend
    VONOVIA SE  VNAn.DE  - 1.66 euros/shr dividend
    ATOSS SOFTWARE AG  AOFG.DE  - 1.82 euros/shr dividend
    
        
    ANALYSTS' VIEWS 
    HENKEL AG & CO KGAA  HNKG_p.DE : JP MORGAN CUTS TARGET PRICE
TO EUR 70 FROM EUR 74
    MTU AERO ENGINES  MTXGN.DE  : HSBC CUTS TARGET PRICE TO EUR
224 FROM EUR 231
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -2.8%, S&P 500 .SPX  -3.6%, Nasdaq  .IXIC 
-4.2% at close.  .N 
    Nikkei  .N225  unchanged, Chinese markets closed.  .T   .SS 
    Time: 4:33 GMT
    
    
    ECONOMY
    German March retail sales due around 0600 GMT. Seen +0.3%
m/m
    German April S&P Global/BME MFG PMI due at 0755 GMT. Seen at
54.1
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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