German stocks - Factors to watch on Sept 5

FRANKFURT, Sept 5 (Reuters) - The DAX top-30 index .GDAXI looked set to open 1.1 percent lower on Friday, according to pre-market data from brokers at 0635 GMT.

The following are some of the factors that may move German stocks on Friday (share price indications at 0635 GMT):

LUFTHANSA (LHAG.DE: Quote, Profile, Research, Stock Buzz)

Indicated 1.1 percent lower

British Airways (BAY.L: Quote, Profile, Research, Stock Buzz) and China's Hainan Airlines (600221.SS: Quote, Profile, Research, Stock Buzz) are also interested in Brussels Airlines, German newspaper Sueddeutsche Zeitung reported. [ID:nL4408212]

Related news [LHAG.DE-E]

DEUTSCHE BOERSE (DB1Gn.DE: Quote, Profile, Research, Stock Buzz)

Indicated 1.1 percent lower

Direct Edge, now with about 5 percent market share of U.S. equities trading, seeks to become an exchange by the middle of next year. It wants double-digit market share in 12 to 18 months. Boerse's ISE owns 31.5 percent of Direct Edge. [ID:nN04296702]

Separately, ISE CEO Gary Katz told the German financial daily Boersen-Zeitung he was optimistic about growth prospects.

Related news [DB1Gn.DE-E]

SGL (SGCG.DE: Quote, Profile, Research, Stock Buzz)

Indicated 0.3 percent lower

Hariolf Kottmann, responsible for SGL's Advanced Materials Division and Eastern Europe and Asia as well as the corporate functions SGL Excellence and Technology and Innovation, will become the new CEO of Swiss speciality chemicals company Clariant (CLN.VX: Quote, Profile, Research, Stock Buzz) as of Oct 1. [ID:nL4392392]  Continued...