German stocks - Factors to watch on March 11

Tue, 11 Mar - 5:28pm

FRANKFURT, March 11 (Reuters) - The DAX top-30 index

.GDAXI looked set to open 0.4 percent higher on Tuesday, according to premarket data from brokerage Lang & Schwarz at 0723 GMT.

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

BAYER BAYGn.DE

Indicated 0.5 percent higher

Bayer said late on Monday it agreed to sell back to Kythera

KYTH.O commercial rights to ATX-101 outside of the United States and Canada. It will receive $33 million in Kythera stock and a $51 million promissory note, as well as some long-term sales milestone payments. News Search ID:nASB08FEN

Related news Href="NewsSearch">BAYGn.DE-E

BMW BMWG.DE

Indicated 0.4 percent higher

BMW said it saw strong demand for the i8 hybrid sportscar which will go into series production in April and start customer deliveries in June. News Search ID:nL6N0M7376

Related news Href="NewsSearch">BMWG.DE-E

DEUTSCHE LUFTHANSA LHAG.DE

Indicated 0.6 percent higher

February traffic figures due at 1200 GMT.

Related news Href="NewsSearch">LHAG.DE-E

DEUTSCHE TELEKOM DTEGn.DE

Indicated 0.2 percent higher

T-Mobile US TMUS.N expects to engage in some form of cellular industry consolidation, the CFO of the United States' fourth-largest carrier said on Monday, boosting investor expectations that a merger with Sprint Corp S.N could be on the horizon. News Search ID:nL2N0M71JM

T-Mobile US is majority-owned by Deutsche Telekom.

Related news Href="NewsSearch">DTEGn.DE-E

THYSSENKRUPP TKAG.DE

Indicated 0.2 percent lower

Germany's ThyssenKrupp said on Tuesday it would close its railway equipment business, which was damaged by its involvement in a cartel, after failing to secure a sale of its wider railways and construction arm. News Search ID:nL6N0M80GK

Related news Href="NewsSearch">TKAG.DE-E

VOLKSWAGEN VOWG_p.DE

Indicated 0.5 percent higher

Premium brand Audi holds its annual press conference.

Related news Href="NewsSearch">VOWG_p.DE-E

HANNOVER RE HNRGn.DE

Indicated 0.1 percent higher

The group posted a leap in fourth quarter profit to 265 million euros ($368 million), easily beating forecasts, and proposed a dividend of 3 euros per share. News Search ID:nASM0005Y8 Poll:

News Search ID:nL6N0M34PP

Related news Href="NewsSearch">HNRGn.DE-E

HOCHTIEF HOTG.DE

Indicated 0.1 percent higher

The Australian Securities and Exchange Commission is reviewing share trading in Leighton Holdings Ltd LEI.AX , which jumped significantly last week ahead of a $1 billion offer from major shareholder Hochtief AG. News Search ID:nL3N0M8009

Related news Href="NewsSearch">HOTG.DE-E

DMG MORI SEIKI GILG.DE

Indicated 0.4 percent higher

The machine tool maker said late on Monday its supervisory board has named Andre Danks as its new finance chief, replacing Kathrin Dahnke who unexpectedly stepped down two weeks ago.

News Search ID:nWEB00JZA

Related news Href="NewsSearch">GILG.DE-E

ADVA OPTICAL ADAG.DE

Indicated 0.3 percent higher

The company said late on Monday it has signed an agreement to acquire all shares in Switzerland-based Oscilloquartz SA for 3 million Swiss francs ($3.42 million).

Related news Href="NewsSearch">ADAG.DE-E

ANALYSTS' VIEWS

K+S SDFGn.DE - SocGen starts with "buy" rating

DAIMLER DAIGn.DE - Berenberg starts with "buy" rating

OVERSEAS STOCK MARKETS

Dow Jones .DJI -0.2 pct, S&P 500 .SPX -0.05 pct, Nasdaq

.IXIC -0.04 pct at Monday's close. News Search ID:nL2N0M71SU

Nikkei .N225 +0.7 pct at Tuesday's close. News Search ID:nZZN0A4E0F

GERMAN ECONOMIC DATA

German exports rose much more than forecast on the month in January and imports surged even more, narrowing the trade surplus, data showed on Tuesday. Figures from the Federal Statistics Office showed seasonally-adjusted exports up 2.2 percent, well above a consensus forecast for a rise of 1.4 percent. News Search ID:nB4N0KR001 ECONDE G7TODAY

PRIVATE EQUITY

The private equity arm of Dubai Holding has asked buyout groups to submit binding bids for its German packaging group Mauser, after putting on hold a larger auction which comprised two additional assets, three sources familiar with the transaction told Reuters. News Search ID:nL6N0M72ZH

Related news Href="NewsSearch">PVE-DE-E

EUROPEAN FACTORS TO WATCH Href="NewsSearch">WATCH/EU

DIARIES Href="NewsSearch">DE/DIA Href="NewsSearch">WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

($1 = 0.7214 euros) ($1 = 0.8781 Swiss francs)

(Reporting by Maria Sheahan and Christoph Steitz)

((Frankfurt newsroom)(+49 69 7565 1270))

Keywords: GERMANY MARKETS STOCKS

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