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German stocks - Factors to watch on Dec. 12

Published 12/12/2018, 04:49 pm
Updated 12/12/2018, 04:50 pm
© Reuters.  German stocks - Factors to watch on Dec. 12
US500
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Praxair Inc
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BERLIN, Dec 12 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:

GERMAN ECONOMY

The German government cut its economic growth forecast for this year as Economy Minister Peter Altmaier predicted an economic expansion of around 1.5 to 1.6 percent, below his previous forecast of 1.8 percent. LINI.DE

Linde holds an extraordinary shareholder meeting to decide on it's squeeze-out offer for minority shareholders and finalise its merger with U.S. gases giant Praxair (NYSE:PX).

SIEMENS SIEGn.DE

The engineering firm plans to dismiss about 200 workers at a gas turbines parts and components service centre in Houston, Texas, next year due to weaker global demand, a company spokesman said. SPRINGER SPRGn.DE

Capital Markets Day due.

TLG IMMOBILIEN TLGG.DE

The group said the value of its property portfolio would increase to about 4.1 billion euros from 3.7 billion euros as of June 30, 2018 due to revaluation. SPACE KSS.AX

The Luxembourg-based space technology operator said it planned a dual listing of its shares on the Frankfurt Stock Exchange.

OVERSEAS STOCK MARKETS

Dow Jones .DJI -0.2 pct, S&P 500 .SPX unchanged, Nasdaq .IXIC +0.2 pct at close. .N

Nikkei .N225 +2.1 pct, Shanghai stocks .SSEC +0.3 pct. .T .SS

Time: 5:49 GMT.

GERMAN ECONOMIC DATA

* No economic data scheduled.

* The German government late cut its economic growth forecast for this year as Economy Minister Peter Altmaier predicted an economic expansion of around 1.5 to 1.6 percent, below his previous forecast of 1.8 percent. FACTORS TO WATCH WATCH/EU

DIARIES DE/DIA WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

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