Italy - Factors to watch on Sept. 5
05/09/2019 07:06
The following factors could affect Italian markets on Thursday.
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
Italian Prime Minister Giuseppe Conte unveiled his new
cabinet on Wednesday, uniting two rival political parties in an
unlikely coalition that is expected to improve ties with the
European Union and adopt a softer stance on immigration. The
team of ministers will be sworn into office on Thursday morning
by President Sergio Mattarella. urn:newsml:reuters.com:*:nL5N25V42V
Roberto Gualtieri, an influential member of the European
Parliament from the Democratic Party (PD), will be economy
minister in Italy's new government, Conte said. urn:newsml:reuters.com:*:nR1N23K01T
ECONOMY
Italy's newly formed government could pave the way for
important policy shifts easing the pressure on the country's
downgrade-threatened credit rating, agency S&P Global said on
Wednesday. urn:newsml:reuters.com:*:nL5N25V5CK
COMPANIES
MEDIASET MS.MI , VIVENDI VIV.PA
Shareholders in the Italian broadcaster on Wednesday backed
a plan to create a pan-European media group under a new Dutch
holding, fending off opposition from its second biggest
shareholder Vivendi. urn:newsml:reuters.com:*:nL5N25V1RK
EXOR EXOR.MI
At end-June Exor's net asset value stood at $23.88 billion
compared to $19.74 billion at end-2018, the Agnelli family's
holding company said in a statement on Wednesday. urn:newsml:reuters.com:*:nS8N24Y050
JUVENTUS JUVE.MI
The Turin-based soccer club reported a net loss of around 40
billion euros in 2018/2019 fiscal year, according to a
calculation made by daily Il Sole 24 Ore and based on parent
company Exor's results released on Wednesday. That compares with
a net loss of 19.2 million euros in 2017/2019.
A2.MI , IREN IREE.MI
A consortium between Italy's biggest regional utility A2A
Czech energy group EPH has been shortlisted for the acquisition
of some assets of the Italian energy company Sorgenia, MF daily
reported on Thursday. Potential buyers include Italian utility
Iren and British wholesale power generation firm Contourglobal
GLO.L .
ATLANTIA ATL.MI , ALITALIA (unlisted)
State railways Ferrovie will ask for a seven-day extension
of a deadline, currently set on Sept. 15, to officially present
a rescue offer for the ailing airline with infrastructure group
Atlantia and U.S. carrier Delta DAL.N , daily Il Messaggero
said. Ferrovie and Atlantia are close to an agreement with Delta
on how the two carriers would share routes from Italy to the
U.S., the report added.
FTSE ITALIA INDEXES
GUALA CLOSURES GLC.MI and OVS OVS.MI will replace CAIRO
COMMUNICATION CAI.MI and BIESSE BSS.MI in Italy's FTSE
Italia Mid Cap index as of Sept. 23, FTSE Russell said on
Wednesday, adding there are no changes in the Italian blue-chip
FTSE Mib index.
DIARY
Milan, Milan Stock Exchange ends 'Italian Equity Week'
"Infrastructure Day" (0700 GMT). Expected attendees include A2A
A2.MI CEO Valerio Camerano, Enel ENEI.MI CFO Alberto De
Paoli, Italgas IG.MI CEO Paolo Gallo, Salini Impregilo
SALI.MI Corporate and Finance Group Managing Director Massimo
Ferrari, Snam SRG.MI CEO Marco Alvera, Open Fiber CEO
Elisabetta Ripa.
Milan, the National Chamber for Italian Fashion holds news
conference to present "Milano Moda Donna" which will held on
Sept. 17-23 (0900 GMT).
((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/