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Italy - Factors to watch on July 1

Italy - Factors to watch on July 1

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 (*).

ECONOMY

Italy car registrations for June released by Italian Transport Ministry.


DEBT

Italy's state sector borrowing requirement data for June published.

COMPANIES

PIRELLI PIRC.MI

The Italian tyremaker said on Tuesday it had a multi-year investment plan for the United States worth around $1-$1.2 billion aimed at increasing production capacity in the country, including for its so called Cyber Tyres.


(*) ENI ENI.MI

The oil group and Italian and Swiss trading house Mercuria will form an equally owned partnership to jointly trade global energy commodities, the Financial Times reported on Tuesday, citing people with knowledge of the plans.


BANCA IFIS IF.MI

The Italian bank said on Tuesday it had completed the sale of Arecneprix, valued at €30 million, to Prelios.

(*) SNAM SRG.MI

The gas grid operator aims to strengthen its liquefied natural gas (LNG) business, MF reported on Wednesday. The group will fold subsidiary OLT Offshore LNG Toscana and infrastructure unit Greenture into Snam LNG Italia, putting together regasification assets and LNG refuelling ones as it seeks operational and administrative efficiencies, the daily added.


(*) THE ITALIAN SEA GROUP TISGR.MI

The luxury yacht maker said on Wednesday it would seek court protection from creditors after talks with clients ground to a halt, making a turnaround through an out-of-court restructuring process impossible.


(*) RAI WAY RWAY.MI

Leading shareholders in Italian broadcasting tower companies Rai Way and EI Towers failed to reach an agreementon the terms of a merger by a June 30 deadline set for their talks, a statement by national broadcaster RAI said on Wednesday.


JUVENTUS JUVE.MI

Juventus FC said it had reached a three-year settlement deal with UEFA's Club Financial Control Body through the 2027/28 season, under which the Italian club will pay an unconditional €6 million expensed in fiscal 2025/26 and could pay up to a further €14 million depending on economic parameters.

DIARY

Milan, Banca Generali BGN.MI hosts launch event for PMI2Change, conference at (0845 GMT).

Rome, "The Last Question - A Geopolitech Summit", CEO of fintech Tether Paolo Ardoino will deliver a keynote on Wednesday afternoon.

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

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/


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