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German stocks - Factors to watch on October 29

reuters ·  Oct 29, 2021 00:57

BERLIN/FRANKFURT, Oct 29 (Reuters) - The following are some of the factors that may move German stocks on Friday:

DAIMLER DAIGn.DE , PORSCHE PSHG_p.DE

The automakers have called on their suppliers to make their production climate-neutral by 2039.

Third quarter results due.

SIEMENS SIEGn.DE

Siemens subsidiary Fluence Energy's FLNC.O shares opened nearly 20% above the offer price in their Nasdaq debut.

HEIDELBERGER DRUCKMASCHINEN HDDG.DE

The company appointed outgoing chief executive of Carl Zeiss Meditec AFXG.DE , Ludwin Monz, as its own CEO with effect from April 1, 2022.

WACKER NEUSON WACGn.DE

Wacker Neuson reported an increase third-quarter profit before interest and tax to 44.7 million euros and raised its full-year guidance.

AURUBIS NAFG.DE

The copper company said operating earnings before taxes in the quarter to Sept. 30 rose to 85 million euros, dowm from 88 million a year earlier but exceeding its forecast range.

SALZGITTER SZGG.DE

The steelmaker reported pre-tax profit of 604.5 million euros in the first nine months of of 2021, outperforming market expectations. It confirmed its full-year guidance.

MTU AERO ENGINES AG MTXGn.DE

Third quarter results due.

TRATON SE 8TRA.DE

Nine month results due.

AUDI AG AUDVF.PK

Third quarter results due.

FUCHS PETROLUB SE FPEG_p.DE

Third quarter results due.

OVERSEAS STOCK MARKETS

!RIC {.DJI} is invalid S&P 500 .SPX +1.0%, Nasdaq .IXIC +1.4% at close. .N

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

.SS

Time: 4:56 GMT

ECONOMY

German Q3 flash GDP due at 0800 GMT. Adjusted seen 2.2% q/q, 2.5% y/y, unadjusted seen 2.4% y/y.

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(Reporting by Berlin, Frankfurt and Gdansk newsrooms)

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

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