German stocks - Factors to watch on September 4

  • Reuters
  • Stock Market News
German stocks - Factors to watch on September 4
Credit: © Reuters.

(Adds index changes)

BERLIN/FRANKFURT, Sept 4 (Reuters) - The following are some of the factors that may move German stocks on Friday:


The number of confirmed coronavirus cases in Germany increased by 782 to 246,948, data from the Robert Koch Institute (RKI) for infectious diseases showed. PFE (NYSE: PFE ).N should know in October if a COVID-19 vaccine it is developing works, Chief Executive Albert Bourla said, potentially placing it at the centre of bitter presidential politics ahead of the Nov. 3 election. quantities of vaccines could be produced by 28 manufacturers in 10 countries over the next two years to tackle the COVID-19 pandemic, the U.N. children's agency said. CHANGES

Shop Apotheke SAEG.DE and Wacker Chemie WCHG.DE will be included in the MDAX, replacing RTL RRTL.DE and Aareal Bank ARLG.DE , which will both be listed in the SDAX .

In the SDAX, Global Fashion Group GFG.DE replaces Steinhoff (JO: SNHJ ) SNHG.DE , Medios ILM1k.DE replaces Bertrandt BDTG.DE and Secunet Security Networks YSNG.DE replaces Atoss Software AOFG.DE .


QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen, said it plans to go public through a reverse merger with Kensington Capital Acquisition KCAC.N with an enterprise value of $3.3 billion.


The residential real estate company said it was seeking to raise about 1 billion euros by offering new shares to institutional investors, with proceeds to be used to repay debt due in the fourth quarter. It said shares were placed at a price of 59 euros per share. WDIG.DE

German prosecutors have dropped their investigation into journalists of the Financial Times in connection with its reporting on the corporate fraud at payments firm Wirecard that eventually led to its collapse. STOCK MARKETS

Dow Jones .DJI -2.8%, S&P 500 .SPX -3.5%, Nasdaq .IXIC -5% at close. .N

Nikkei .N225 -1.3%, Shanghai stocks .SSEC -1.4%. .T .SS

Time: 5:09 GMT


German July industrial orders due at about 0600 GMT. Seen +5.0% m/m



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