Italy - Factors to watch on June 20

Aatech SpA Sb

20/06/2025 05:00

The following factors could affect Italian markets on Friday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

Italian prosecutors are looking into the alleged hacking of seven phones, including that of the head of political gossip website Dagospia, sources said, as part of a surveillance scandal involving the technology of spyware company Paragon.

European Union budget rules are "stupid and senseless" and need to be changed to allow member states to boost defence spending as recommended by Brussels, Italian Economy Minister Giancarlo Giorgetti said on Thursday.

DEBT

Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on June 25.

COMPANIES

UNICREDIT CRDI.MI, BANCO BPM BAMI.MI, ANIMA ANIM.MI, MONTE DEI PASCHI DI SIENA BMPS.MI

(*) UniCredit's CEO Andrea Orcel said in a newspaper interview on Friday the Italian bank was likely to withdraw its offer for smaller peer Banco BPM.

(*) Orcel also said his bank had reported to market regulator Consob suspected anomalies in the government's sale of a 15% stake in Monte dei Paschi di Siena to a small group of investors, including Anima and Banco BPM.

EU antitrust regulators had on Thursday approved with conditions the UniCredit bid for Banco BPM. UniCredit agreed to sell 209 branches in northern Italy to allay competition concerns.

ENI ENI.MI

Versalis, the chemical unit of the Italian energy group, on Thursday unveiled a demonstration plant based on its new proprietary technology for the chemical recycling of mixed plastic waste.

(*) BPER BANCA EMII.MI, POPOLARE DI SONDRIO BPSI.MI

Mario Alberto Pedranzini, the head of Banca Popolare Sondrio, told daily Il Sole 24 Ore on Friday that the offer for his bank by rival BPER Banca is dilutive and his shareholders would not benefit sufficiently from the synergies of the merger, which also faced clear execution risks.

(*) ITALGAS IG.MI

The Italian gas distributor said on Friday its capital increase had ended with the subscription of around 98.7% of the shares offered, worth a total of slightly more than 1 billion euros ($1.15 billion).

BRUNELLO CUCINELLI BCU.MI

FMR LLC cut its stake in the Italian luxury fashion group to 4.351% from 9.483% as of June 6, Italy's market regulator Consob said in a filing on Thursday.

CLASS EDITORI CLED.MI

The Italian businessman Francesco Gaetano Caltagirone held 5.16% stake in the publishing group as of June 11, Italy's market regulator Consob said in a filing on Thursday.

UNIPOL GROUP UNPI.MI

Extraordinary shareholders' meeting (0930 GMT).

AATECH AAT.MI

Ends capital increase.

DIARY

Economy Minister Giancarlo Giorgetti attends ECOFIN meeting in Luxembourg.

Rome, "The Mattei Plan for Africa and the Global Gateway: A common endeavour with the African Continent" summit co-chaired by Prime Minister Giorgia Meloni and EU Commission President Ursula von der Leyen welcoming leaders from the African Union, Angola, Zambia, Congo, Tanzania and the heads of the Multilateral Financial Institutions International Monetary Fund, World Bank, African Development Bank and Africa Finance Corporation (0900 GMT).

Rome, Cabinet meeting (1400 GMT).

Rome, Economy Minister Giancarlo Giorgetti attends tax police 'Guardia di Finanza' festival (1600 GMT).

Rome, Industry Minister Adolfo Urso attends "AI Hub for Sustainable Development, preparatory work" event.

Milan, market regulator CONSOB holds annual meeting with financial markets, closing 50-year celebrations (0900 GMT).

Milan, 2026/2027 Spring/Summer 'Milan fashion week' men's shows start; end on June 24.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
 brackets:

  European Equities speed guide...................EUR/EQUITY

  FTSEurofirst 300 index...............................FTEU3

  DJ STOXX index.......................................STOXX

  Top 10 STOXX sectors............................PGL.STOXXS

  Top 10 EUROSTOXX sectors.......................PGL.STOXXES

  Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

  Top 25 European pct gainers........................PG.PEUR

  Top 25 European pct losers.........................PL.PEUR

  Main stock markets:

  Dow Jones................DJI  Wall Street report ......N

  Nikkei 225..............N225  Tokyo report.............T

  FTSE 100................FTSE  London report............L

  Xetra DAX..............GDAXI  Frankfurt market stories.F

  CAC-40..................FCHI  Paris market stories....PA

  World Indices.....................................0#.INDEX

  Reuters survey of world bourse outlook.........EQUITYPOLL1

  Western European IPO diary..........................WEUIPO

  European Asset Allocation........................EUR/ASSET

  Reuters News at a Glance: Equities...............TOP/EQE

  Main currency report:...............................FRX/

($1 = 0.8681 euros)