The following are some of the factors that may move German stocks on Tuesday:
POLITICS
German election race remains tight with conservatives ahead of Greens – INSA poll
DEUTSCHE BANK
Moody’s said it has placed Deutsche Bank’s rating on review for upgrade.
SIEMENS
Germany’s Siemens on Monday said it signed an agreement to buy U.S.-based Supplyframe for $700 million.
VOLKSWAGEN, DAIMLER, BMW
The supply of crucial semiconductors to the car sector could remain tight until 2022, the chief executive of the world’s largest automotive supplier, Robert Bosch GmbH, told German newspaper Frankfurter Allgemeine Zeitung.
BOLT
Estonian start-up Bolt launched electric scooter services in nine German cities.
TESLA
Tesla Chief Executive Elon Musk called for cuts to German red tape as he said it was unclear when exactly the first electric car would roll off the production line of its planned plant outside Berlin.
GRAND CITY PROPERTIES
The real estate firm said net rental income dropped 4% in the first-quarter due to the disposals of non-core assets.
DERMAPHARM
First-quarter results due.
ELRINGKLINGER
The group’s EKPO Fuel Cell Technologies unit has secured a high-volume series production contract for fuel cell stacks.
SUSE
Enterprise software company SUSE has priced its Frankfurt initial public offering at 30 euros ($36.49) a share, it said on Monday, marking the lower end of its 29-34 euros per share marketing range.
HENSOLDT
First-quarter results due.
RTL
The group will merge its M6 division with leading French broadcaster TF1, it said on Monday.
ANNUAL GENERAL MEETINGS
COMMERZBANK – 0 eur/shr dividend proposed
AAREAL BANK – 0.40 eur/shr dividend proposed
ELRINGKLINGER – 0 eur/shr dividend proposed
HENSOLDT – 0.13 eur/shr dividend proposed
EX-DIVIDEND
KRONES – 0.06 euros/shr dividend
OVERSEAS STOCK MARKETS
!RIC {.DJI} is invalid S&P 500 -0.3%, Nasdaq -0.4% at close.
Nikkei +2.1%, Shanghai stocks +0.1%.
Time: 4:48 GMT
ECONOMY
No major German economic data scheduled.
DIARIES
