FRANKFURT/BERLIN, May 26 (Reuters) - The DAX top-30 index looked set to open 0.1 percent lower on Thursday, according to premarket data from brokerage Lang & Schwarz at 0625 GMT.
The following are some of the factors that may move German stocks:
The following are some of the factors that may move German stocks on Thursday, which is a public holiday in parts of Germany:
Indicated 0.2 pct lower
Banco Popular says Allianz is to subscribe up to 53.4 million shares as part of a rights issue of up to 2 billion new shares to raise up to 2.5 billion euros.
Indicated 0.3 pct lower
The German luxury car maker on Wednesday said its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop Technologies, which offers a smartphone-powered carpooling service called Scoop.
Indicated 0.1 pct higher
Heidelbergcement issued 750 mln eur bond for Italcementi deal.
No indication available
Q1 results expected.
The company said nine-month EBIT dropped to 128.7 million from 140.1 million one year ago and confirmed its targets for the year.
Indicated 0.5 pct lower
Moody’s downgrades SGL Carbon’s CFR to Caa1 from B2; stable outlook.
AAREAL BANK - dividend 1.65 euros/shr
CAPITAL STAGE - dividend 0.18 euros/shr
MUNICH RE - Goldman Sachs raises to “Buy” from “Sell”
Dow Jones +0.8 pct, S&P 500 +0.7 pct, Nasdaq +0.7 pct at close.
Nikkei +0.4 pct, Shanghai stocks -0.7 pct.
Time: 5.36 GMT.
No economic data scheduled.
REUTERS TOP NEWS (Reporting by Edward Taylor and Victoria Bryan)