FRANKFURT, Sep 17 (Reuters) - The DAX top-30 index .GDAXI
looked set to open 0.5 percent higher on Thursday, according to
premarket data from brokerage Lang & Schwarz at 0620 GMT.
The following are some of the factors that may move German
stocks:
BMW BMWG.DE
Indicated up 0.5 percent
Japan's Toyota Motor Corp 7203.T and BMW will decide by
year end on whether to develop a common sportscar architecture,
Toyota executives said on Wednesday. ID:nL5N11M3YB
DAIMLER DAIGn.DE
Indicated up 0.8 percent
Daimler is open to the idea of creating an alliance between
Germany's premium carmakers to manufacture next-generation
batteries, its chief executive said on Wednesday.
ID:nF9N0ZM00E
K+S SDFGn.DE
Indicated up 1.0 percent
Potash Corp of Saskatchewan POT.TO POT.N is not actively
discussing its takeover proposal with Germany's K+S, but remains
interested in a combination of fertilizer producers that would
aid North American potash sales and offer new access to Europe,
Chief Executive Jochen Tilk said on Wednesday. ID:nL1N11M19J
LUFTHANSA LHAG.DE
Indicated up 0.6 percent
Lufthansa is stepping up its cost-cutting overhaul with a
streamlined management structure it said will boost profit by
500 million euros ($564 million) a year and provide a new boss
for the Eurowings budget brand that has raised tensions in its
long-running dispute with pilots. ID:nL5N11M2V9
SAP SAPG.DE
Indicated up 0.5 percent
Europe's largest software maker SAP said on Wednesday it was
working on a smartphone application to help migrants arriving in
Germany to navigate bureaucracy and officials to register them.
ID:nL5N11M23R
VW VOWG_p.DE
Indicated up 0.7 percent
Suzuki Motor Corp 7269.T said it had bought back a 19.9
percent stake previously held by Volkswagen (XETRA:VOWG) AG VOWG_p.DE for
460.28 billion yen ($3.82 billion), ending a partnership that
soured soon after it was formed. ID:nT9N10L04Q
Separately, Volkswagen and its Skoda brand are looking at
entering Iran following the country's deal with the West to end
sanctions, in a move that could cut their dependence on volatile
Chinese and Brazilian markets and challenge French rivals.
ID:nL5N11M1WJ
ROCKET INTERNET
No indication available
Rocket Internet 's RKET.DE HelloFresh raised 75 million
euros in capital and said it looks regularly at financing
options, including a potential future IPO. ID:nFWN11M04B
ANALYSTS' VIEWS
DEUTSCHE BANK DBKGn.DE - NOMURA raises to "BUY" from
"NEUTRAL"
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.8 pct, S&P 500 .SPX +0.9 pct, Nasdaq
.IXIC +0.6 pct at xx's close. ID:nL1N11M2GF
Nikkei .N225 +1.6 pct, Shanghai stocks .SSEC +1.1 pct.
Time: 5.17 GMT. ID:nL4N11N1AI
GERMAN ECONOMIC DATA
No economic data scheduled.
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