German stocks - Factors to watch on September 28

FRANKFURT, Sept 28 (Reuters) - The DAX top-30 index looked set to open 0.5 percent higher on Monday, according to premarket data from brokers at 0626 GMT.

The following are some of the factors that may move German stocks on Monday (share price indications at 0620 GMT):

ELECTION

German Chancellor Angela Merkel's conservatives clinched a parliamentary majority with the pro-business Free Democrats (FDP), her partner of choice, in an election on Sunday which brings to an end her four-year-old partnership with her rivals, the Social Democrats (SPD).

Merkel will on Monday start preparing for tough negotiations with the FDP to forge a coalition programme of tax cuts and economic reform.

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E.ON, RWE

E.ON indicated 4.4 pct higher, RWE seen up 2.8 pct.

Analysts said the energy suppliers might see support due to potentially longer lifetimes for German nuclear power plants as a result of the German election.

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DEUTSCHE BANK

Indicated 1.4 percent higher

Germany's largest lender has lent stricken private bank Sal. Oppenheim hundreds of millions more euros in a move that advances an envisaged takeover by Gemany's flasgship lender, German newspapers reported on Monday.

Citing financial sources, the Handelsblatt paper said Deutsche Bank had provided 350 million euros ($513.9 million) in fresh loans on top of the 300 million euros it lent in August. The loans were secured with shares in the wealth manager, it added.

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DEUTSCHE POST

Indicated unchanged

Deutsche Post CFO Frank Appel said it was too early to speak of an economic recovery. 'In our figures we do not see a dramatic improvement yet,' Appel told German weekly newspaper Welt am Sonntag. 'If September went well, that would be a clear indicator,' he added.

Rival FedEx sees indications that a new period of economic growth is looming, its chief executive told the Handelsblatt newspaper.

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K+S

Indicated 0.2 percent higher

K+S will sell its bulk de-icing salt assets in U.S. states Maine and Connecticut in line with demands from the U.S. anti-trust authority. That move clears the way for its acquisition of U.S. company Morton International, which will be concluded in the coming days, a K+S spokesman said on Saturday.

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BAYER

Indicated unchanged

Swiss medical authority Swissmedic said on Friday it was investigating suspicions of a possible link between the death of a woman from a blood clot 10 months after she was prescribed Bayer's low-dose oral contraceptive, Yaz. The German drugmaker's Swiss unit said in a statement that it was not able to comment on the case beyond saying it would take any possible link seriously.

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EADS

Indicated 0.54 percent higher

Boeing Co said it might offer versions of both its 767 and 777 aircraft against the rival team of Northrop Grumman Corp and EADS in a renewed $35 billion contest to build a refuelling fleet for the U.S. Air Force.

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TUI

Indicated 0.4 percent higher

Goverment decision on state aid for Hapag-Lloyd expected.

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OPEL

Russia's biggest lender Sberbank may sell its stake in distressed carmaker Opel to another state-run bank VEB if it fails to find a domestic carmaker to be its industrial partner, Sberbank's chief executive told Reuters.

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OVERSEAS STOCK MARKETS

Dow Jones -0.4 pct, S&P 500 -0.6 pct, Nasdaq -0.8 pct at Friday's close.

Nikkei -2.5 pct at close.

GERMAN ECONOMIC DATA

Preliminary consumer price index for September. Seen down 0.2 pct m/m and down 0.1 pct y/y.

European Factors to watch

Diaries

Reuters Top News

(Reporting by Nicola Leske and Tyler Sitte) ($1=.6810 Euro)

(tyler.sitte@thomsonreuters.com; +49 69 7565 1207; Reuters Messaging: tyler.sitte.reuters.com@reuters.net)

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