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German stocks - Factors to watch on September 18

Published 18/09/2019, 02:49 pm

BERLIN/FRANKFURT, Sept 18 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:

AUTOS BMWG.DE DAIGn.DE VOWG_p.DE

ACEA monthly European car registrations due.

DEUTSCHE BOERSE DB1Gn.DE

The German stock exchange operator is entering a cooperation with Google GOOGL.O to digitalise internal processes, Chief Operating Officer Christoph Boehm told Handelsblatt.

DEUTSCHE TELEKOM DTEGn.DE

The head of the company's T-Systems IT services unit is due to give an update on an ongoing restructuring scheme.

SIEMENS SIEGn.DE

The supervisory board is due to decide who will lead a standalone energy business the conglomerate intends to spin off and list on the stock market, sources told Reuters. Board member Michael Sen is seen as the favourite for the job. UN01.DE

Woodside Petroleum WPL.AX said it has signed a preliminary agreement to supply liquefied natural gas to German utility Uniper for 13 years starting in 2021. MEDICAL COPMa.DE

Capital markets day due.

TLG IMMOBILIEN TLGG.DE , AROUNDTOWN AT1.DE

TLG Immobilien said it successfully placed 1 billion euros of notes and bonds to fund the purchase of a 9.99% stake in Aroundtown AT1.DE . KONSUM DKG.DE

The company announced it would increase the volume of its previously announced capital increase to up to 6.7% from 5% of outstanding share capital. Finance Minister Olaf Scholz said policymakers could not accept the emergence of parallel currencies such as Facebook's FB.O planned Libra, adding that Berlin would reject any such plans. The German cabinet is expected to adopt a comprehensive blockchain strategy on Wednesday. STOCK MARKETS

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Dow Jones .DJI +0.1%, S&P 500 .SPX +0.3%, Nasdaq .IXIC +0.4% at close. .N

Nikkei .N225 -0.2%, Shanghai stocks .SSEC +0.4%. .T .SS

Time: 4:49 GMT

GERMAN ECONOMIC DATA

No major economic data scheduled.

EUROPEAN FACTORS TO WATCH WATCH/EU

DIARIES DE/DIA WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

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