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German stocks - Factors to watch on October 30

FRANKFURT/BERLIN, Oct 30 (Reuters) - The DAX top-30 index looked set to open 0.3 percent higher on Friday, according to premarket data from brokerage Lang & Schwarz at 0717 GMT.

The following are some of the factors that may move German stocks:

DEUTSCHE BANK

Shares indicated 0.2 pct lower

The lender expects litigation issues to be mainly resolved within next two years, Chief Financial Officer Marcus Schenck said at an investor conference on Thursday.

RWE

Shares indicated 1.2 pct higher

The utility said it has found three partners to finance the 1.5 billion pound ($2.3 billion) Galloper wind park to be built off the British coast.

VOLKSWAGEN

Shares indicated 0.5 pct higher

Sales of VW-brand vehicles in the United States have grown "slightly" in October, the first full month since the emissions scandal broke, two people familiar with the matter said.

AIRBUS

Shares up 3.3 pct in early Frankfurt trading

Airbus Group posted a 12 percent increase in third-quarter operating profit before one-off items to 921 million euros ($1.01 billion) and confirmed an increase in production of its A320 jetliner to 60 airplanes a month from 2019.

MORPHOSYS

Shares indicated 2.6 pct higher

The company said it had received a clinical milestone payment in a haemophilia program with Bayer.

NEMETSCHEK

Shares indicated 4.4 pct higher

Q3 results. The company increased its EBITDA forecast for the year after having previously upped its revenue forecast earlier this month.

RIB SOFTWARE

No indication available

Q3 results. The company said its 2015 tragets depended on its being able to sign two contracts in the fourth quarter.

KST BETEILIGUNGS AG

No indication available

The company reported nine-month net profit of 1.04 billion euros.

SINGULUS TECHNOLOGIES AG

No indication available

A bondholder meeting elected One Square Advisory Services GmbH as joint representatives of all bondholders, the company said.

IPO

Hapag-Lloyd lowered the price range for its shares in its initial public offering, due to ongoing market volatility.

ANALYST RECOMMENDATIONS

BAYER - HSBC cuts to "hold" from "buy", price target cut to 138 eur from 161 eur

OVERSEAS STOCK MARKETS

Dow Jones -0.1 pct, S&P 500 unchanged, Nasdaq -0.4 pct at close.

Nikkei +0.8 pct, Shanghai stocks +0.7 pct.

Time: 6.10 GMT.

GERMAN ECONOMIC DATA

German September retail sales. Flat m/m, +3.4 pct y/y.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS (Reporting by Andreas Cremer and Victoria Bryan)