FRANKFURT/BERLIN Oct 6 The DAX top-30 index
looked set to open 0.2 percent higher on Thursday,
according to premarket data from brokerage Lang & Schwarz at
The following are some of the factors that may move German
Indicated 0.2 percent higher
Europe's largest insurer and World Bank subsidiary IFC will
spend $500 million each on Third World infrastructure projects,
Indicated 0.7 percent higher
Union Investment, one of Deutsche Bank's top investors,
backed the German flagship lender on Wednesday, saying that a
sell-off in its shares was overdone.
German finance regulator Bafin has found no evidence to date
that the lender has violated rules on money laundering in
Russia, Sueddeutsche Zeitung reported on Thursday, without
citing the source of the information.
Indicated 0.1 percent higher
EU antitrust regulators plan to disregard possible effects
of Brexit when assessing the exchange operator's planned merger
with London Stock Exchange, Boersen-Zeitung reported on
Thursday, citing EU Competition Commissioner Margrethe Vestager.
DEUTSCHE TELEKOM, UNITED INTERNET
Deutsche Telekom indicated 0.5 percent higher
United Internet indicated 0.2 percent higher
Deutsche Telekom and United Internet are preparing rival
bids for German web hosting provider Host Europe Group (HEG)
ahead of an Oct. 10 deadline for non-binding offers, sources
involved in the process told Reuters.
Indicated 0.9 percent higher
Cabin crew at Lufthansa's budget carrier Eurowings are
preparing to strike next week in a row over contracts, the
leader of their union, UFO, said.
Indicated 0.4 percent higher
Subscription period for Innogy initial public
offering (IPO) due to end, with pricing expected at 35-36 euros
Indicated 3.5 percent higher
The drugs-packaging firm reported a bigger than expected
rise in quarterly core profit on Thursday as strong sales of
asthma inhalers helped bolster earnings at its Plastic & Devices
Indicated 10.7 percent higher
Chinese chipmaker Sanan Optoelectronics Co Ltd
wants to buy the lighting company and may offer to pay about 70
euros per Osram share, Wirtschaftswoche reported on Thursday,
without specifying the source of the information.
Indicated 0.5 percent higher
By Wednesday, the acceptance of GCI's takeover offer for
Aixtron had reached 24.6 percent. It needs to achieve 60 percent
acceptance by a Friday deadline in order for the deal to be
Indicated 2.9 percent higher
Dialog Semiconductor said it was reviewing its full-year
guidance after a Chinese holiday helped bolster third-quarter
No indication available
The management and supervisory boards of SLM said they
unanimously backed a takeover offer by General Electric's
BASF - UBS raises to "buy" from "neutral", lifts
price target to 87 euros from 75 euros
SYMRISE - UBS raises to "buy" from "neutral",
lifts price target to 74 euros from 57 euros
OVERSEAS STOCK MARKETS
Dow Jones +0.6 pct, S&P 500 +0.4 pct,
Nikkei +0.5 pct, Chinese markets closed.
Time: 6.10 GMT.
GERMAN ECONOMIC DATA
Finance Minister Wolfgang Schaeuble plans to cut German
taxes by 6.3 billion euros annually to stimulate domestic demand
and counter global criticism that Germany's export-oriented
economy has contributed to a global trade imbalance, the
Handelsblatt newspaper reported.
German August industrial orders +1.0 pct m/m.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
($1 = 0.8924 euros)
(Reporting by Maria Sheahan and Andreas Cremer)