Italy - Factors to watch on October 28

Amundi SA

28/10/2025 07:03

The following factors could affect Italian markets on Tuesday.

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.

ECONOMY

Italy's chronic tax evasion started to rise again four years ago after years of declines, and has been worse than thought, the latest government data showed on Monday.

ISTAT releases October consumer and business confidence data (0900 GMT).

DEBT

Treasury sells 1.75-2.0 billion euros 2.10% BTP Short bonds due August 26, 2027 and 1.0-1.5 billion euros 1.80% BTPei bonds due May 15, 2036. Subscriptions close at 1000 GMT.

The Treasury will also sell up to 9.50 bln euros in bonds at its October 30 auction.

COMPANIES
UNICREDIT CRDI.MI

Commerzbank's CBKG.DE supervisory board is investigating whether its former CEO Manfred Knof violated his duties by meeting with UniCredit's CEO Andrea Orcel in September 2024 and not reporting it, a person with knowledge of the matter said on Monday.

(*) Europe's biggest asset manager Amundi AMUN.PA said on Tuesday it remained committed to serving UniCredit's clients and is open to continuing the partnership beyond 2027, though renewal terms have not yet been determined.

(*) POSTE PST.MI, GENERALI GASI.MI

The CEO of the former mail monopoly Matteo Del Fante ruled out the possibility of becoming the next head of insurer Generali in an interview with Corriere della Sera daily published on Tuesday.

(*) LEONARDO LDOF.MI, ENIENI.MI

The two companies are leading a consortium preparing to take part in a tender to host one of the EU's five planned artificial intelligence gigafactories, La Repubblica newspaper reported on Tuesday. The tender is expected to be launched in December or January, the paper added.

(*) STELLANTIS STLAM.MI

The automaker's registrations in the European Union, Britain and the European Free Trade Association rose by 11.5% in September while the overall market increased by 10.7%, the European Automobile Manufacturers Association (ACEA) said on Tuesday.

The company has decided another temporary production stoppage at its Cassino plant, which makes Alfa Romeo and Maserati cars, during November 3-7, MF daily reported on Tuesday.

(*) ENEL ENEI.MI

Italy's biggest utility is set to launch a newco for online gas and electricity offers, called Lene, as early as later on Tuesday, daily MF reported. The company, controlled by Enel Energia, will be headed by its Chief Procurement Officer Enrico Zampone, the paper added.

(*) ENI ENI.MI

Hsbc said on Tuesday it has cut its rating on the energy group to 'hold' from 'buy'.

LEONARDO LDOF.MI

Turkey agreed to buy 20 new Eurofighter Typhoons from Britain for 8 billion pounds ($10.7 billion) on Monday, deepening the NATO allies' ties and bolstering Turkish air defences, as Ankara said it was also seeking 24 more jets from Gulf states.

MEDIOBANCA MDBI.MI

Annual general meeting (0900 GMT).

MONCLER MONC.MI

Releases Q3 results, followed by conference call (1500 GMT).

AVIO AVI.MI

The Italian aerospace company on Monday confirmed its 2025 guidance as it presented January-September results. It reported an order backlog of 1.86 million euros, up 8% from end-2024, and a reported EBIDTA of 15.2 million euros, up 25.9% year-on-year, reflecting higher revenues partly offset by increased energy costs.

DIARY

"Made in Italy Summit 2025" online event starts (1300 GMT); ends on October 30. On Tuesday expected attendees include Industry Minister Adolfo Urso, UniCredit CRDI.MI CEO Andrea Orcel, Italian Trade Agency (ICE) President Matteo Zoppas.

Rome, cabinet meeting.

Rome, savings banks association (ACRI) holds 101st World Savings Day "Savings: protection, inclusion, development" with ACRI President Giovanni Azzone, banking association ABI President Antonio Patuelli, Bank of Italy Governor Fabio Panetta, Economy Minister Giancarlo Giorgetti (0830 GMT).

Rome, Industry Minister Adolfo Urso meets with Tata Group's TAMO.NS top management to discuss the future of the civil division of the Iveco Group IVG.MI.

Rome, Snam SRG.MI CEO Agostino Scornajenchi addresses Intelligence Parliamentary Committee (COPASIR) (1300 GMT).

Trento, Presidente Sergio Mattarella and Economy Minister Giancarlo Giorgetti attend tax police events '100th Anniversary of the Fiamme Gialle Ski Sports Group' and '60th Anniversary of the Alpine Rescue of the Guardia di Finanza' (0900 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/