German stocks - Factors to watch on September 9

Vossloh AG

09/09/2021 07:38

BERLIN/FRANKFURT, Sept 9 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    
     Germany is extending its COVID-19 emergency aid for
struggling companies by three months until the end of this year,
the finance and economy ministries said on Wednesday.
 urn:newsml:reuters.com:*:nL8N2QA4N4
    
    MERCK  MRCG.DE  
    Germany's Merck KGaA MRCG.DE on Thursday issued a more
ambitious medium-term growth forecast for its Life Science unit,
a supplier of materials and lab gear for the biotech
industry. urn:newsml:reuters.com:*:nFWN2QA0TA
    
    RWE  RWEG.DE 
    Activist fund ENKRAFT has taken a stake in RWE and is
calling for a separation of the company's brown coal activities
to remove the burden of a legacy business that has weighed on
the value of shares in Germany's largest power producer.
 urn:newsml:reuters.com:*:nL8N2QA4E8
    
    Autos
    French vehicle testing and certification group UTAC, which
bought UK counterpart Milbrook six months ago, wants to expand
in Germany in order to scale up and be able to meet growing
demand for certification of electric and autonomous vehicles.
 urn:newsml:reuters.com:*:nL8N2QA4XY
  
    ANALYSTS' VIEWS 
    VOSSLOH  VOSG.DE  Jefferies initiates coverage with hold
rating and Eur 53 target price 
        
    Henkel  HNKG_p.DE   Goldman Sachs cuts target price to eur
84 from eur 103, cuts to neutral from buy
    
    Beiersdorf  BEIG.DE  Goldman Sachs raises to buy from
neutral
    
    
    
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.2%, S&P 500 .SPX  -0.1%, Nasdaq  .IXIC 
-0.6% at close.  .N 
    Nikkei  .N225  -0.6%, Shanghai stocks  .SSEC  +0.3%.  .T 
 .SS 
    Time: 6:37 GMT

    
    ECONOMY
    German July trade balance came at 0600 GMT. Exports rose
+0.5% m/m, imports fell 3.8%, trade balance at 17.9 billion
euros.
    German September Refinitiv/Ipsos primary consumer sentiment
index due at 1000 GMT.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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