BERLIN/FRANKFURT, June 28 (Reuters) - The following are some of the factors that may move German stocks on Friday:
The board member in charge of human resources is retiring, the German insurer announced on Thursday.
The supervisory board of BMW will meet on July 18-19 to decide on the future of the automaker’s chief executive officer, German newspaper Handelsblatt reported on Thursday.
Germany’s biggest lender on Thursday passed an annual health check by the Federal Reserve, clearing a second hurdle at a critical time in tests administered by the U.S. central bank that measure banks’ ability to weather a major economic downturn.
Shares in Traton start trading on the Frankfurt and Stockhold stock exchanges. Traton late on Thursday confirmed the placement price for its shares of 27 euros.
With the listing of its trucks division, VW is expected to fetch 1.55 billion euros ($1.76 billion) in proceeds, one of the deal’s bookrunners said.
Q1 consolidated sales rose by 9.1%, the company said on Friday, confirming its full-year forecast.
OVERSEAS STOCK MARKETS
Dow Jones unchanged, S&P 500 +0.4 pct, Nasdaq +0.7 pct at close.
Nikkei -0.4 pct, Shanghai stocks -0.9 pct.
Time: 5:05 GMT.
GERMAN ECONOMIC DATA
German May import prices due at 0600 GMT. Seen -0.2% m/m, -0.3% y/r.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS ($1 = 0.8798 euros) (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
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