Italy - Factors to watch on May 19

Autogrill SpA

19/05/2023 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
    Italy's central bank said on Thursday government plans to
set up a single income tax band and reduce the tax burden may
prove unrealistic because of fiscal restraints and the amount
the state has to spend on its extensive welfare system.
    
    COMPANIES
    FTSE MIB  .FTMIB 
    Ex-Dividend trade will take between 1.25%-1.3% off Italy's
blue chip index FTSE MIB on Monday, according to traders'
calculations.
    
    AUTOGRILL  AGL.MI 
    Swiss duty-free retailer Dufry  DUFN.S  has secured
Autogrill shares accounting for around 87% of the Italian
company's capital at the end of the exchange offer, Reuters
calculations based on bourse data showed on Thursday.
    
    CUCINELLI  BCU.MI , ERG  ERG.MI 
    Fashion group Brunello Cucinelli could claim a spot in the
FTSE MIB index of leading Italian shares at the expense of
energy group ERG in a review at the end of the month, according
to two traders.
    
    DIARY
    Moody's rating agency scheduled review of sovereign debt
rating on Italy.
    Hiroshima, Prime Minister Giorgia Meloni attends G7 meeting.
        Rome, Foreign Ministry holds launch-event of "Made in
Italy Days" in presence and online (0800 GMT); Foreign Minister
Antonio Tajani delivers opening address; expected attendees
include Agriculture Minister Francesco Lollobrigida, Industry
Minister Adolfo Urso, Italian Trade Agency President Matteo
Zoppas, Amazon  AMZN.O  Vice President and Italy and Spain
Country Manager Mariangela Marseglia.
  
    Milan, Investopia holds 'Invesopia Europe' event "Connecting
people, creating opportunities" (0730 GMT); welcome address
delivered via videoconference by Economy Minister Giancarlo
Giorgetti (0740 GMT); expected attendees include UAE Economy
Minister Abdulla bin Touq Al Marri, Italy's Tourism Minister
Daniela Satanche (0745 GMT); growth fund FSI CEO (0915 GMT);
Kiton Group CEO, Dolce & Gabbana CEO (0915 GMT); Altagamma
Foundation President, Italian Trade Agency President (1045 GMT).
        Bari, Interior Minister Matteo Piantedosi attends
Provincial Committee for public order and safety (0830 GMT);
followed by news conference (1000 GMT).
  
    Sorrento, The European House Ambrosetti holds 2nd edition
forum 'Verso Sud' (0700 GMT) until May 20; expected attendees
include Libya's Transport Minister Mohammed Salem Al-Shahoubi;
Portugal Economy Minister Antonio Costa Silva, Spain Inclusion,
Social Security and Migration Minister Jose Luis Escriva
Belmonte; European Affairs Minister Raffaele Fitto; state
railways Ferrovie dello Stato CEO, Edison  EDNn.MI  CEO; Civil
Protection Minister Nello Musumeci; Environment Minister
Gilberto Pichetto Fratin; Foreign Minister Antonio Tajani; EU
Agriculture Commissioner Janusz Wojciechowski.
    
    ((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/