Italy - Factors to watch on November 6

Banca Monte dei Paschi di Siena SpA

06/11/2026 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 (*).

POLITICS
Italy is finalising a new military aid package for Ukraine, its first this year, Defence Minister Guido Crosetto said on Thursday, championing continued support for Kyiv despite mounting tensions within the ruling coalition over prolonging arms deliveries.
The government is ready to consider changes to its exit tax on wealthy individuals leaving the country, Deputy Economy Minister Maurizio Leo told Reuters, after the proposed levy sparked criticism from tax experts and financial advisers.
Italy has postponed approval of a decree aimed at limiting the impact of soaring gas prices on electricity costs for households and businesses, the cabinet office said on Thursday, citing the need for further talks with the European Union. The cabinet is expected to meet on Monday at 1600 GMT to approve the package.
Rome named Giulio Centemero, a lawmaker from the co-ruling League party, as a commissioner at market watchdog Consob.

ECONOMY
The European Central Bank is looking at indicators to see if an interest rate hike could be warranted next month, after it held rates steady in November, the bank's outgoing President Christine Lagarde said on Thursday.
Bank of Italy releases October Target2 liabilities data and Italian banks' exposure to ECB funding.

DEBT
Treasury will detail BOT bills to be sold on auction on November 11.

COMPANIES  
(*) MONTE DEI PASCHI DI SIENA BMPS.MI 
Italy's third-largest bank on Friday beat analyst expectations with its third-quarter profit as larger rival Intesa Sanpaolo prepares to launch a buyout offer to take it over.

(*) INTESA SANPAOLO ISP.MI
Citigroup resumed coverage of the lender with 'buy' rating and a target price of €7.18.

(*) INTESA SANPAOLO, MONTE DEI PASCHI DI SIENA, GENERALI GASI.MI
Italy's antitrust on Thursday sent its final assessment of Intesa Sanpaolo's proposed takeover of Monte dei Paschi di Siena BMPS.MI to the parties, daily la Repubblica reported on Friday citing sources. The authority has broadly accepted the measures proposed by Intesa to address competition issues, the paper said.

BANCO BPM BAMI.MI
Italy's fourth-largest bank on Thursday posted better than expected quarterly earnings and pledged to pay out more than €1 per share as dividends, having previously said this year's dividend-per-share would be at least €1.
The bank's CEO Giuseppe Castagna said a new transaction could emerge after Monte dei Paschi (MPS) shareholders rejected a plan centered on the acquisition of the lender.

MEDIOBANCA MDBI.MI
The merchant bank said on Thursday it posted a net profit of €379 million in the third quarter and revenue of €977 million.

PIRELLI PIRC.MI
The tyre maker said on Thursday its operating income rose 2.1% in the third quarter, as sales of higher-price products and cost-cutting measures offset inflationary pressures and lower sales volumes.

BREMBO BRBI.MI
The premium brake maker said on Thursday its core earnings fell 2.2% in the third quarter versus the same period of 2025, when they benefited from one-off gains linked to energy and raw-material indexation in contracts with clients.
       
LEONARDO LDOF.MI
The defence group said its troubled aerostructures business is showing signs of improvement, as the company continues to pursue a long-planned partnership for the unit.

(*) MONCLER MONC.MI
Andrea Tieghi will assume the role of Chief Commercial Officer of the luxury group as of November 9, Moncler said on Thursday. 

(*) PININFARINA PNNI.MI
     PF Holdings, a Dutch special purpose entity owned by India's Tech Mahindra TEML.NS and Mahindra & Mahindra MAHM.NS, has increased its takeover offer for the Italian design group to €1.2 per share from €1, Pininfarina said on Thursday. Alfonso Prascina, who owns 10.02% of the company, has  committed to tender his shares, the company added. 
             
(*) JUVENTUS JUVE.MI 
The soccer club beat AZ Alkmaar 2-1 in Europa League on Thursday.

     PIAGGIO PIA.MI
The scooter maker releases Q3 results.


DIARY 
Rome, former Ilva plant's workers attend meeting at Labour Ministry (0930 GMT).

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/