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German stocks - Factors to watch on Oct 12

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FRANKFURT, Oct 12 (Reuters) - The DAX top-30 indexlooked set to open 0.1 percent lower on Friday, according topremarket data from brokerage Lang & Schwarz at 0612 GMT.

The following are some of the factors that may move Germanstocks:

DAIMLER Indicated 0.1 pct lower

Abu Dhabi's sovereign wealth fund Aabar sold the remainderof its 3.07 percent stake in Daimler worth about 1.25 billioneuros ($1.6 billion) on Oct. 5, the German automotive group saidin a regulatory filing on Thursday.

Related news PORSCHE VOLKSWAGEN

Porsche indicated 0.6 pct lower, Volkswagen 0.1 pct lower

The holding company of German carmaker Porsche has receiveda fresh lawsuit from the family of a deceased industrialist,linked to its 2008 attempt to take over Volkswagen.ID:nL6E8LBPK6]

Separately, Volkswagen and its China joint ventures sold18.3 percent more vehicles in mainland China and Hong Kong inthe first three quarters.

Related news THYSSENKRUPP Indicated unchanged

Japan's JFE holdings' core steel unit, JFE Steel, isweighing plans to bid for ThyssenKrupp AG's North American steeloperations, according to Nikkei.

Related news DEUTSCHE TELEKOM Indicated 0.1 pct lower

Japan's Softbank Corp is looking to buy about 70percent of Sprint Nextel Corp . It might use Sprint as avehicle to make a run at MetroPCS , which has agreed tomerge with Deutsche Telekom's T-Mobile USA.

Related news OVERSEAS STOCK MARKETS

Dow Jones down 0.14 pct, S&P 500 up 0.02 pct,Nasdaq down 0.08 pct at Thursday's close.

Nikkei closes down 0.2 pct. ANALYSTS' VIEWS

BEIERSDORF - UBS raises the company to buy fromneutral

LANXESS - Barclays cuts the company to equalweightfrom overweight

EUROPEAN FACTORS TO WATCH DIARIES REUTERS TOP NEWS

(Reporting by Marilyn Gerlach and Victoria Bryan)

((victoria.bryan@thomsonreuters.com)(+49 69 7565 1235)(ReutersMessaging: victoria.bryan.thomsonreuters.com@reuters.net))

Keywords: GERMANY MARKETS STOCKS