Italy - Factors to watch on Aug. 29

Brunello Cucinelli SpA

29/08/2025 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 (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

Russia's latest strikes on Kyiv show that it is not interested in negotiating an end to the war in Ukraine, Italian Prime Minister Giorgia Meloni said on Thursday, while Foreign Minister Antonio Tajani said the conflict was unlikely to end this year.

ECONOMY

ISTAT releases Q2 GDP final data (0800 GMT); August CPI flash data (0900 GMT).

COMPANIES

(*) The Italian government is mulling a tax of 2-3% on share buybacks carried out by banks, insurers, energy companies and other financial and industrial groups, Italian daily la Repubblica reported on Friday.

MONTE DEI PASCHI BMPS.MI, MEDIOBANCA MDBI.MI

The shareholder take-up in Tuscan lender Monte dei Paschi's bid for merchant bank Mediobanca rose to 27.06% as of Aug. 28, bourse data showed on Thursday.

UNICREDIT CRDI.MI

The Italian lander said on Thursday it has it has increased its stake in Greece's Alpha Bank ACBr.AT to nearly 26% after entering into financial instruments for an additional 5% holding.

STELLANTIS STLAM.MI

The Franco-Italian automaker signed a deal with unions on Thursday to extend for five months a reduced-working-hours scheme for employees at its historic Mirafiori plant in northern Italy.

BRUNELLO CUCINELLI BCU.MI

The Italian luxury fashion group reported on Thursday that it posted an H1 net profit of 76.7 million euros ($89.79 million) and earnings before interest and taxes (EBIT) of 113.8 million.

Milan Stock Exchange After Hours market closed.

BANCA IFIS IF.MI

Mandatory buyout of takeover offer on Illimity Bank ILTY.MI residual shares ends.

DIARY

Foreign Minister Antonio Tajani attends EU Foreign ministers informal meeting in Copenhagen (to Aug. 30).

Environment and Energy Security Minister Gilberto Pichetto Fratin attends political conference in southern Italian town of Ceglie Messapica.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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/

($1 = 0.8542 euros)