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German stocks - Factors to watch on July 28

German stocks - Factors to watch on July 28

Reuters · 07/28/2022 00:55
German stocks - Factors to watch on July 28

- The following are some of the factors that may move German stocks on Thursday:


UKRAINE

Russian forces took over Ukraine's second-biggest power plant and are conducting a "massive redeployment" of troops to three southern regions, a Ukrainian presidential adviser said, amid expectations of a Ukrainian counter-offensive.


VOLKSWAGEN VLKAY

Volkswagen is looking to sell its car assembly plant in the Russian city of Kaluga and a Kazakh auto maker could be a potential purchaser, Russia's Vedemosti reported on Wednesday.


SIEMENS ENERGY SMEGF

Siemens Energy on Wednesday said it had received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom OGZPY so far, adding it did have access to the turbines on site.

KNORR-BREMSE KNRRY

The German brakes maker on Wednesday cut its 2022 guidance for operating (EBIT) margin to between 10.5% to 12.0% from previous forecast of 12.5% to 14.0%, citing withdrawing Russian business and COVID-19 impact hitting demand in China.


Fresenius SE FSNUF / Fresenius Medical Care FMS

German healthcare group Fresenius SE cut its full-year earnings outlook due to cost inflation at its kidney dialysis subsidiary Fresenius Medical Care (FMC), it said late on Wednesday.


DEUTSCHE BANK DB

The lender said its New York branch and its affiliate Deutsche Bank Trust Company Americas have increased their prime lending to 5.50% from 4.75% effective on July 28, 2022.

HEIDELBERGCEMENT AG HDELY

Second quarter results due.

VOLKSWAGEN VOWG.DE, VLKAY

Half yearly and second quarter results due.

QIAGEN QGEN

Second quarter results due.


KION GROUP AG KIGRY

Second quarter results due.


WACKER CHEMIE AG WKCMF

Second quarter results due.

AIXTRON SE AIXG

Half yearly results due.


NEMETSCHEK SE NEMTF

Second quarter results due.


ADVA OPTICAL NETWORKING SE ADVOF

Second quarter results due.

DRAEGERWERK AG & CO KGAA DRWG_p.DE, DWRKF

Second quarter results due.


TRATON SE TRATF

Half yearly results due.


LPKF LASER & ELECTRONICS AG LPKFF

Half yearly and second quarter results due.


TAKKT AG TAUKF

Second quarter results due.


LINDE PLC LIN

Second quarter results due.


ANNUAL GENERAL MEETINGS

VANTAGE TOWERS VTAGY - 0.63 eur/shr dividend proposed


ANALYSTS' VIEWS

MTU AERO ENGINES AG MTUAF: JP MORGAN RAISES TARGET PRICE TO EUR 260 FROM EUR 255

MTU AERO ENGINES MTUAF: HSBC CUTS TARGET PRICE TO EUR 221 FROM EUR 224

COMMERZBANK CRZBY: HSBC CUTS TARGET PRICE TO EUR 9.8 FROM EUR 11.5

DWS GROUP GMBH & CO KGAA DWSG.DE: CREDIT SUISSE RAISES TO NEUTRAL FROM UNDERPERFORM; RAISES TARGET PRICE TO EUR 28.80 FROM EUR 25.40

DEUTSCHE BANK AG DB: CREDIT SUISSE CUTS TARGET PRICE TO EUR 10 FROM EUR 11


OVERSEAS STOCK MARKETS

Dow Jones .DJI +1.4%, S&P 500.SPX +2.6%, Nasdaq .IXIC +4.1% at close. .N

Nikkei .N225 +0.2%, Shanghai stocks .SSEC +0.6%. .T .SS

Time: 4:54 GMT

ECONOMY

German NRW July CPI +1.1 pct m/m, +7.8 pct y/y

German July CPI Prelim MM due at 1200 GMT. Seen at 0.6%

German July CPI Prelim YY due at 1200 GMT. Seen at 7.4%

German July HICP Prelim MM due at 1200 GMT. Seen at 0.4%

German July HICP Prelim YY due at 1200 GMT. Seen at 8.1%


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(Reporting by Berlin, Frankfurt and Gdansk )

((frankfurt.@thomsonreuters.com; +49 30 2888 5169))