Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

German stocks - Factors to watch on February 4

Published 04/02/2021, 04:16 pm
Updated 04/02/2021, 04:18 pm
© Reuters.
US500
-
DJI
-
JP225
-
BAYGN
-
SIEGn
-
DBKGn
-
MBGn
-
CBKG
-
FMEG
-
IFXGn
-
FREG
-
VBKG
-
IXIC
-
HABAn
-
COKG
-
COP1n
-
PSMGn
-
SSEC
-
DHER
-
DWSG
-
DEDW21TX
-

BERLIN/FRANKFURT, Feb 4(Reuters) - The following are some of the factors that may move German stocks on Thursday:

CORONAVIRUS

The number of confirmed coronavirus cases in Germany increased by 14,211 to 2,252,001, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday. The reported death toll rose by 786 to 59,742, the tally showed.

Germany's ruling coalition parties on Wednesday agreed a batch of additional measures to support those hit hard financially by the COVID-19 pandemic, including a child benefit bonus and an extension to reduced sales tax for the restaurant sector. BAYGn.DE

The chemicals group struck a $2 billion deal on Wednesday to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, according to U.S. attorneys. CBKG.DE

The lender's Chief Executive Manfred Knof on Wednesday finalised plans to cut 10,000 jobs and close hundreds of branches, a radical overhaul that came a month after he took the reins of Germany's No. 2 bank. HERO DHER.DE

The online takeaway food company said on Wednesday it will have to take an impairment of up to 1.4 billion euros ($1.7 billion) on its takeover of South Korean food delivery app owner Woowa Brothers. DAIGn.DE

The carmaker said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%. COKG.DE

The company expects 2020 EBITDA to rise to around 123.1 million Euros from 119.3 million euros, a year earlier. SIEGn.DE

Siemens chairman Jim Hagemann Snabe has been re-elected for another four year stint as chairman of the German engineering company's supervisory board. H24.DE

The company said its unit Mobly had set a final offer price for its initial public offering (IPO) at 21 Brl per share.

INFINEON IFXGn.DE

First-quarter results due

DEUTSCHE BANK DBKGn.DE

Full-year results due

COMPUGROUP COP1n.DE

Fourth-quarter results due

DWS DWSG.DE

Full-year results due

HAMBORNER REIT HABG.DE

Full-year results due

VERBIO VBKG.DE

First-half year results due

EX-DIVIDEND

SIEMENS SIEGn.DE - 3.50 euros/shr dividend

ANALYSTS' VIEWS

* DAIMLER AG DAIGn.DE : JEFFERIES RAISES PRICE TARGET TO EUR 83 FROM EUR 70, JP MORGAN RAISES TARGET PRICE TO EUR 75 FROM EUR 69

* FRESENIUS SE FREG.DE : DEUTSCHE BANK CUTS TO HOLD FROM BUY

* FMC AG FMEG.DE : DEUTSCHE BANK CUTS TO HOLD FROM BUY, CREDIT SUISSE CUTS TARGET PRICE TO EUR 62 FROM EUR 74

* SIEMENS AG SIEGn.DE : JP MORGAN RAISES TARGET PRICE TO EUR 153 FROM EUR 137

* PROSIEBENSAT 1 MEDIA SE PSMGn.DE : CREDIT SUISSE RAISES TARGET PRICE TO EUR 8 FROM EUR 6.5

OVERSEAS STOCK MARKETS

Dow Jones .DJI +0.1%, S&P 500 .SPX +0.1%, Nasdaq .IXIC unchanged at close. .N

Nikkei .N225 -0.9%, Shanghai stocks .SSEC -1.2%. .T .SS

Time: 5:16 GMT

ECONOMY

No major German economic data scheduled.

DIARIES DE/DIARY

REUTERS TOP NEWS TOP/NEWS

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.