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German stocks - Factors to watch on April 20

Published 20/04/2021, 02:51 pm
© Reuters
US500
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DJI
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JP225
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BMWG
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CECG
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TKAG
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SDFGn
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DEZG
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IXIC
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SSEC
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HAS
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8TRA
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BERLIN/FRANKFURT, April 20(Reuters) - The following are some of the factors that may move German stocks on Tuesday:

CORONAVIRUS

Germany reported 9,609 new infections and 297 more deaths.

POLITICS

Armin Laschet, leader of Germany's Christian Democrats (CDU), won the backing of senior party members at an internal meeting to run as the conservative candidate to succeed Angela Merkel at a September federal election, party sources said on Tuesday. BMWG.DE

The automaker's first-quarter earnings bounced back more strongly than expected from a pandemic-ravaged first three months of last year, the German carmaker said on Monday, helped by higher prices and strong Chinese demand. TKAG.DE

Australia's Hastings Technology Metals HAS.AX said it had signed an offtake contract with thyssenkrupp Materials Trading GmbH. AG SDFGn.DE

K+S has won antitrust approval to sell its North and South American salt business, including Morton Salt, to Stone Canyon Industry Holdings LLC, the Justice Department said on Monday. 8TRA.DE

The company raised its 2021 outlook, expecting full-year operating return on sales of 5.0% to 7.0% after reporting a significant rise in first-quarter sales compared to previous year. DEZG.DE

The company said that was lifting its guidance for 2021 after sales rose in the first quarter. CECG.DE

Florian Wieser will become the new group chief financial officer, the company said. STOCK MARKETS

Dow Jones .DJI -0.4%, S&P 500 .SPX -0.5%, Nasdaq .IXIC -1% at close. .N

Nikkei .N225 -2.1%, Shanghai stocks .SSEC +0.3%. .T .SS

Time: 4:51 GMT

ECONOMY

German March producer prices due at 0600 GMT. Seen +0.6% m/m, +3.3% y/y

DIARIES DE/DIARY

REUTERS TOP NEWS TOP/NEWS

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