German stocks - Factors to watch on June 25
FRANKFURT, June 25 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.1 percent higher on Wednesday, according to pre-market data from brokers at 0610 GMT.
The following are some of the factors that may move German stocks on Wednesday (share price indications at 0610 GMT):
DEUTSCHE POSTBANK (DPBGn.DE: Quote, Profile, Research)
Indicated 1.3 percent higher
Postbank is edging closer towards a sale, a source with direct knowledge of the matter said on Tuesday. Main owner Deutsche Post (DPWGn.DE: Quote, Profile, Research) was in advanced talks with buyers from Germany and abroad, the source said, denting market talk that the auction may be postponed. [ID:nL24392900]
Separately, Talanx, Germany's third-biggest insurer, said any new owner of Postbank or U.S. Citibank's (C.N: Quote, Profile, Research) German arm would have to stick to insurance sales cooperation agreements with Talanx. [ID:nL24458810]
Related news [DPBGn.DE-E]
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