Italy - Factors to watch on Nov. 7

Ariston Holding

07/11/2023 05:00

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 .
    
    POLITICS
    Italy is to build centres in Albania to host migrants
arriving in Italy by sea, Prime Minister Giorgia Meloni said on
Monday as she unveiled a new scheme to try to bring down numbers
that have nearly doubled in the past year.
    
    DEBT
    Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on Nov. 10.
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI  
    Shares in the Italian phone group slipped on Monday after
top investor Vivendi  VIV.PA  threatened a legal challenge to
the former phone monopoly's plan to sell its network grid in a
19 billion euro ($20.4 billion) deal.
    Credit ratings agency Moody's on Monday said it has placed
Telecom Italia's B1 ratings on review for upgrade after the
company's board approved KKR's  KKR.N  19-billion-euro bid for
its fixed-line network.
    TIM said on Monday it signed a transaction agreement for the
deal with KKR and a subsidiary of the Abu Dhabi Investment
Authority (ADIA), envisaging the signing of a master services
agreement on the closing date of the transaction, expected in
the summer of 2024.
    
    AVIO  AVI.MI  
    French Finance Minister Bruno Le Maire on Monday hailed a
new agreement on space launches between France, Germany and
Italy, saying it secured funding for 42 launches of the delayed
Ariane 6 and a return to service for Italy's grounded Vega-C
rockets, made by Avio.
    
    POSTE ITALIANE  PST.MI 
    Releases Q3 results (before Bourse opening), followed by
presentation (1000 GMT).
    
    BREMBO  BRBI.MI 
    Board meeting on Q3 results (0830 GMT), followed by
conference call (1330 GMT).
    
    FINECOBANK  FBK.MI 
    Board meeting on Q3 results, followed by conference call
(1300 GMT).
    
    ARISTON GROUP  ARIS.MI 
    Board meeting on Q3 results, followed by conference call
(1400 GMT).
    
        CNH INDUSTRIAL  CNHI.MI 
    Board meeting on Q3 results, followed by conference call
(1430 GMT).
    
    RECORDATI  RECI.MI 
    Board meeting on Q3 results, followed by conference call
(1500 GMT).
    
    BANCA POPOLARE DI SONDRIO  BPSI.MI 
    Board meeting on Q3 results, followed by conference call
(1500 GMT).
    
    BANCO BPM  BAMI.MI 
        Board meeting on Q3 results, followed by conference call
(1700 GMT).
        
  
    ENEL  ENEI.MI 
    Board meeting on Q3 results, followed by conference call
(1700 GMT).
    
    DIARY
    Rome, Industry Ministry hosts meeting with trade unions,
representatives from Molise region, Labour Ministry, Stellantis
 STLAM.MI  and ACC  ACC.NS  gigafactory in Termoli (0800 GMT).
        Milan, Edison  EDNn.MI  and think-tank Censis present
3rd report "Italians and Sustainability: between sobriety,
energy transition and well-being" (1000 GMT); Edison CEO Nicola
Monti delivers welcome address.
  
    Consultancy Pambianco holds 28th edition fashion summit
online "Fashion industry and the challenge of the new normal;
markets, channels and products in the new competitive scenario"
(0700 GMT); Pambianco CEO David Pambianco delivers welcome
address; expected attendees include Meta  META.O  Italian
Country Director Luca Colombo.
    South Korea, President Sergio Mattarella continues state
visit; ends on Nov. 9.
        Tokyo (Japan), G7 Foreign ministers meeting starts,
Foreign Minister Antonio Tajani attending; ends on Nov. 8. 
        Rome, Defence Minister Guido Crosetto speaks before
Chamber of Deputies Defence Committee and Senate Foreign Affairs
and Defence committees on the 2023-2025 defence planning
document(0730 GMT).
  
        Rome, banking association ABI Director General Giovanni
Sabatini (0830 GMT); representatives from builders' association
ANCE and Confedilizia (0900 GMT); representatives from trade
unions CGIL, CISL, UIL, UGL, CISAL, CONFSAL (1045 GMT) speak
before Senate and Chamber of Deputies Budget committees.
  
        Rome, Interior Minister Matteo Piantedosi speaks before
Parliamentary Committee for monitoring the implementation of the
Schengen Agreement, supervision of the activities of Europol,
control and supervision in the field of immigration (1300 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/