Italy - Factors to watch on April 23

Amplifon SpA

23/04/2025 05:00

The following factors could affect Italian markets on Wednesday.

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.

DEBT

Treasury announces sale of BTP and CCTeu bonds, with relative amounts to be auctioned on April 29.

The Treasury said on Tuesday it would sell up to 3 billion euros ($3.43 billion) of short-term BTP bonds at an April 24 auction, and up to 4 billion euros of BOT bills at an April 28 auction.

COMPANIES

UNICREDIT CRDI.MI

The Italian government set binding conditions before clearing the bank's bid for smaller peer Banco BPM in order to avoid "even the slightest risk" of aiding Russia's economy where UniCredit operates, a decree seen by Reuters on Tuesday showed.

Earlier on Tuesday, UniCredit said its ability to make "sound" decisions could be impaired by the government's conditions, and it could not proceed further with the bid unless its concerns are addressed.

(*) UniCredit has asked for an urgent meeting with the Italian economy ministry to soften the conditions imposed by the government on the bank's bid for Banco BPM, daily la Repubblica reported on Wednesday.

According to the newspaper, Unicredit's board will meet "in the coming hours" to decide how to proceed, while Il Sole 24 Ore daily said the meeting would take place "between today and tomorrow".

   (*) GENERALI GASI.MI, UNICREDIT CRDI.MI

The bank has built a stake in the insurer close to 8% in recent months, La Stampa newspaper reported on Wednesday.

(*) ENI ENI.MI

Oslo-listed oil and gas firm Vaar Energi VAR.OL, majority owned by Eni, reported on Wednesday a lower-than-expected operating profit for the first quarter, but said it would maintain its dividend level.

NEXI NEXII.MI

The Italian payments group on Tuesday reported preliminary Q1 revenue up 3.7% year-on-year.

AMPLIFON AMPF.MI

Annual general meeting (0830 GMT).

SAIPEM SPMI.MI

Releases Q1 results.

BEGHELLI BE.MI

Is de-listed as of Wednesday.

DIARY

WEDNESDAY APRIL 23

Economy Minister Giancarlo Giorgetti attends World Bank and IMF 'Spring Meetings' and G20-G7 finance ministers and central bank governors meeting.

Rome, Chamber of Deputies holds commemoration of Pope Francis with Prime Minister Giorgia Meloni (1400 GMT).

Rome, Defence Minister Guido Crosetto addresses Intelligence Parliamentary Committee (COPASIR) (0830 GMT).

((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 = 0.8740 euros)