Italy - Factors to watch on Oct. 9
09/10/2018 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
European Affairs Minister Paolo Savona said on Monday he was
confident Italy would reach an agreement with the European Union
over its expansionary multi-year budget plan. urn:newsml:reuters.com:*:nR1N1RB025
Italy's deputy PM says appreciated Germany's
non-interference on budget. urn:newsml:reuters.com:*:nS8N1RT019
Italy's European Affairs Minister Paolo Savona said on
Monday that he was confident that, if necessary, the European
Central Bank's president would avert another grave debt crisis
in the euro zone. urn:newsml:reuters.com:*:nR1N1RB024
Italy minister says no one in government wants to leave the
EU. urn:newsml:reuters.com:*:nR1N1RB023
Italy's economy can grow by 2 percent next year and 3
percent in 2020, and if it won't expand as expected the
government will hike public investments, European Affairs
Minister Paolo Savona said on Monday. urn:newsml:reuters.com:*:nR1N1RB022
Florence, Prime Minister Giuseppe Conte gives speech at the
University School of Law (0830 GMT); followed by speech on
"Language and the law" at 'Accademia della Crusca' (1230 GMT).
Milano "World Energy Week" with Russian Energy Minister
Alexander Novak (1400 GMT).
Rome, Economic Development Ministry holds meeting on fashion
with Minister Luigi Di Maio (0800 GMT).
Rome, Deputy Prime Minister and Economic Development and
Labour Minister Luigi Di Maio attends "Olive Italy" organisation
presentation (1130 GMT).
ECONOMY
Economy Minister Giovanni Tria 80800 GMT), representatives
of Bank of Italy (0930 GMT), ISTAT (1045 GMT), state auditor
(1200 GMT) budget parliamentary office Presidente Giuseppe
Pisauro (1815 GMT) due to speak before Chamber of Deputies and
Senate Budget committees on the update of the economic and
financial document (NADEF).
Economy Ministry Finance Director Fabrizio Lapecorella
speaks before Chamber of Deputies Finance Committee (1000 GMT).
COMPANIES
(*) BANCA CARIGE CRGI.MI
The new management team at Banca Carige will visit the
European Central Bank on Wednesday and will ask for more time to
approve a capital strengthening plan vis-à-vis the Nov. 30
deadline provided by Frankfurt. They are also looking for more
time to come up with a tie-up, il Messaggero said.
(*) ASTALDI AST.MI , SALINI IMPREGILO SALI.MI
Salini Impregilo could weigh the acquisition of rival
Astaldi if creditor banks would give their green light to
convert Astaldi debt into news shares, Il Corriere della Sera
said.
(*) BANCA IFIS IF.MI , BIESSE BSS.MI
Italy's market watchdog Consob and Britain's FCA said on
Tuesday they were suspending short selling on Banca Ifis and
Biesse. urn:newsml:reuters.com:*:nFWN1WO0TE urn:newsml:reuters.com:*:nFWN1WO0RE
BANCO BPM BAMI.MI
Italy's Banco BPM is considering hiring an adviser for its
consumer finance business and does not exclude the sale of its
stake in Agos Ducato, a source familiar with the matter said on
Monday.
ENI ENI.MI
Mozambique's National Petroleum Institute, an energy
regulator in the southern African country, said on Monday the
government was preparing to sign oil exploration agreements with
South Africa's Sasol and Italy's Eni. urn:newsml:reuters.com:*:nL8N1WO5BO
LEONARDO LDOF.PA
The defense group is ready to increase its shareholding in
Italy's Industria Italiana Autobus, the Italian Industry
ministry said on Monday.
(*) Leonardo is in advanced talks to take part in the
construction of a new commercial transport aeroplane built by
Chinese industry, the CR929 jet. desigend by China state-owned
Comac, Il Sole 24 Ore said.
ALITALIA CAITLA.UL
Extraordinary commissioners informally speak before Senate
Industry Committee (1200 GMT).
FINCANTIERI FCT.MI
CEO Giuseppe Bono among 11 ambassadors for Calabria Region
announced at news conference at Foreign Press in Rome (0930
GMT).
VETRYA VTY.MI
Conference on strategies and 2018-2023 industrial plan with
Chairman and CEO Luca Tomassini (0830 GMT).
WIIT WIIT.MI
Ordinary shareholders' meeting.
((Milan newsroom, +39 02 6612 9507, fax +39 02 801149,
milan.newsroom@news.reuters.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/