BERLIN/FRANKFURT, Sept 17 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:
Capital market day due.
The German-speaking user group for SAP, the business software company, holds its annual conference.
The retailer said it was close to striking a deal with creditor banks and majority shareholder Fosun about a new loan until 2022. A bridge loan has been extended until October 2019 and Fosun has also extended a short-term loan.
Appointed Oliver Schuster as chief executive effective October 1 to replace Andreas Busemann, and said the executive board of Vossloh Group will be managed by two executive board members and concentrate on rail infrastructure.
The real estate company confirmed exploratory talks about the sale of its 5,800 residential apartment units.
Hochtief’s Australian subsidiary Cimic Group said it has won a $463 million contract to build Sydney metro station project.
Sweden’s Kinnevik said it had completed the placement of 13.13 million shares in Zalando to institutional investors by way of accelerated bookbuilding with transaction gross proceeds of 558 million euros ($614.30 million), representing 5.2% of the company’s issued share capital.
Dow Jones -0.5%, S&P 500 -0.3%, Nasdaq -0.3% at close.
Nikkei +0.1%, Shanghai stocks -1%.
Time: 4:49 GMT
ZEW September business climate due at 0900 GMT. Economic sentiment seen at -37.0, current conditions at -15.0.
REUTERS TOP NEWS ($1 = 0.9083 euros) (Reporting by Berlin Speed Desk and Frankfurt Newsroom)