Italy - Factors to watch on August 26

Banco BPM SpA

26/08/2026 05:00

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 is set to extend until the beginning of September a cut in excise duties on diesel to help contain the impact of high oil prices, Deputy Prime Minister Matteo Salvini said on Tuesday.
(*) Italy will tap between €8-10 billion from the European Union's SAFE scheme to fund military spending, less than the €14.9 billion available and initially envisaged, Corriere della Sera and several other Italian newspapers reported on Wednesday.

DEBT
The Treasury will offers up to €3 billion in BTP Short bonds at an auction on Wednesday.
It said on Tuesday it would offer up to €8.5 billion of medium- to long-term bonds at an auction on August 28.

COMPANIES
MONTE DEI PASCHI (MPS) BMPS.MI
Italian Economy Minister Giancarlo Giorgetti told regional politicians on Tuesday the Treasury will not sell its 4.8% stake in MPS before an ongoing tussle for control of the Tuscan lender is concluded.

BANCO BPM BAMI.MI
The board of the Italian lender said on Tuesday it had acknowledged an "unsolicited" offer from MPS, adding that the proposal represents an acquisition and not a merger. 

ENI ENI.MI
The Italian oil major is working with BP BP.L and Egyptian Petroleum Corporation (EGPC) to reach a final investment decision in the next few months regarding Egypt's recently-discovered gas field Denise West, Eni said on Tuesday.  

(*) INTESA SANPAOLO ISP.MI, MONTE DEI PASCHI (MPS) BMPS.MI
Independent proxy adviser Glass Lewis on Tuesday urged Intesa Sanpaolo shareholders to back a capital increase in support of the lender's offer for Monte dei Paschi di Siena (MPS). Fellow proxy adviser ISS made the same recommendation earlier this week.  

(*) RAI WAY RWAY.MI
Morgan Stanley on Wednesday began coverage of the TV tower group with 'equal weight' and a target price of €5.4.

(*) JUVENTUS JUVE.MI
The Turin-based club announced on Tuesday an agreement with German team Wolfsburg for the acquisition of Polish goalkeeper Kamil Grabara.

DIARY 
Cabinet meeting expected (1400 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/

($1 = 0.8576 euros)