European Factors to Watch-Equity futures fall, Volkswagen seen lower

lunes 21 de septiembre de 2015 02:10 GYT

(Adds futures prices, more company news items)
    LONDON, Sept 21 (Reuters) - European equity futures fell on Monday, impacted
by weakness on Asian and U.S. stock markets due to persistent worries about
global economic growth, while shares in carmaker Volkswagen were
seen lower after it had to halt sales of some 2015 diesel cars.
    Futures for the euro zone's blue-chip Euro STOXX 50 fell 0.2
percent. Futures on Germany's DAX and on Britain's FTSE both
fell by 0.4 percent while futures on France's CAC declined 0.1 percent.
    Asian shares tumbled on Monday after the U.S. Federal Reserve's decision to
keep interest rates at record lows raised fresh concerns about growth globally,
particularly in China. 
    Greek shares are set to be in focus after the country's leftist prime
minister Alexis Tsipras stormed back into office with an unexpectedly decisive
election victory on Sunday, claiming a clear mandate to steer Greece's battered
economy to recovery. 
    Athens' main ATG equity index is down by around 20 percent since the
start of 2015, hit by Greece's debt and economic problems.    
    Volkswagen could also be in the spotlight after the German carmaker told
U.S. dealers to halt sales of some 2015 diesel cars after regulators found
software it designed for the affected vehicles gave false emissions data.
    Brokerage Lang & Schwarz said Volkswagen's shares were seen down by 9
percent in pre-market trade.
    Shares in insurer RSA could also come under pressure after Zurich
Insurance said it had ended talks over making an offer for RSA, while
semiconductor stocks could be in focus after chipmaker Dialog Semiconductor
 said it had agreed to buy U.S. peer Atmel for about $4.6
 MARKET SNAPSHOT AT 0609 GMT                                     
                                                LAST    PCT CHG  NET CHG
 S&P 500                                    1,958.03    -1.62 %   -32.17
 NIKKEI                                    18,070.21    -1.96 %  -362.06
 EUR/USD                                      1.1309     0.04 %   0.0004
 USD/JPY                                      119.92    -0.05 %  -0.0600
 10-YR US TSY                                  2.134         --     0.00
 10-YR BUND YLD                                0.662         --     0.00
 SPOT GOLD                                 $1,139.41     0.04 %    $0.41
 US CRUDE                                     $45.26      1.3 %     0.58
  > GLOBAL MARKETS-Asian shares slump on global growth concerns, U.S. selloff
  > US STOCKS-Wall St ends down after Fed stokes global economic fears  
  > TREASURIES-Yields extend declines on doubts over 2015 Fed rate hike 
  > FOREX-Dollar sags vs yen and euro but holds above post-Fed lows 
  > PRECIOUS-Gold hovers near 3-week high as equities slip 
  > METALS-Copper strikes 2-week low as global economy worries simmer 
  > Oil prices rise as U.S. drilling declines 
    BAYER :
    Bayer's plastics division Covestro aims to raise about 2.5
billion euros ($2.84 billion) in an initial public offering (IPO), it said on
Friday, announcing what could become the largest stock market debut in Germany
in almost 15 years. 

    Deutsche Wohnen has made an all-share offer for peer LEG
Immobilien that puts LEG's equity value at 4.6 billion euros ($5.2
billion), as consolidation in the German real estate market intensifies.
    Chipmaker Dialog Semiconductor said it had agreed on Sunday to buy
U.S. peer Atmel for about $4.6 billion, as the Anglo-German company
seeks to expand its industrial product portfolio. 
    Julius Baer, the Swiss private bank, saw no meaningful impact on its Asian
business from recent turbulence in financial markets, Chief Executive Officer
Boris F.J. Collardi said on Monday. 
    LEONI :
    Leoni said it was forming a wiring systems joint venture with a unit of
China's BAIC, adding the move meant it now expected to post 2016 sales
of 4.8 billion euros rather than 5 billion as previously forecast.
    Lufthansa's Eurowings budget brand could cooperate with rivals such as
easyJet to gain critical mass quickly, according to a magazine interview
with the German carrier's chief executive. 
    Zurich Insurance said it had ended talks over making an offer for
    Hutchison Whampoa is set to face an extensive EU investigation
over its bid for Telefonica's British unit and is prepared to sell
network capacity and frequencies to head off antitrust concerns, three sources
said on Friday.    

 (Reporting by Sudip Kar-Gupta)