Italy - Factors to watch on December 11

Brunello Cucinelli SpA

11/12/2025 05:00

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.

DEBT

Treasury sells BTP bonds. Subscriptions close at 1000 GMT.

COMPANIES

STELLANTIS STLAM.MI

The Franco-Italian auto maker is set to end 2025 having made purchases worth over 7 billion euros from Italian suppliers, CEO Antonio Filosa said on Wednesday, suggesting output in the country could start growing again next year.

(*) Exane BNP Paribas cut on Thursday its rating on the stock to 'underperform' from 'neutral'.

SNAM SRG.MI

The Italian gas grid operator said on Thursday it would buy a 48.2% stake in Italy's OLT LNG terminal from Igneo Infrastructure Partners for around 126 million euros. Upon the closing of the transaction, Snam will hold a stake of 97.3% in OLT.

FERRARI RACE.MI

Exane BNP Paribas raised on Thursday its rating on the stock to 'outperform' from 'neutral' and cut the target price to 399 euros from 414 euros.

BRUNELLO CUCINELLI BCU.MI

The Italian luxury group Brunello Cucinelli on Wednesday raised its revenue growth forecast for the current year and is now expecting an increase of between 11% and 12% at constant exchange rates. It confirmed its outlook for a 10% rise in 2026.

LEONARDO LDOF.MI

The Bangladesh Air Force has signed a letter of intent with the Italian defence group to buy Eurofighter Typhoon multi-role combat aircraft as part of its modernisation plans, an army official said on Wednesday.

JUVENTUS JUVE.MI

The Italian football club registered on Wednesday its first home win of this season's Champions League, beating Pafos 2-0 at home.

SMART CAPITAL SMCAP.MI

Ends capital increase.

DIARY

Economy Minister Giancarlo Giorgetti attends Eurogroup meeting in Brussels.

Rome, Banco BPM BAMI.MI CEO Giuseppe Castagna addresses Parliamentary Banks Committee on Italian banks mergers.

Rome, Prime Minister Giorgia Meloni receives the 'Thatcher Award'.

Rome, European Conservatives and Reformists (ECR) Group 'Study Days' continue (0830 GMT); end on December 12. On Thursday expected attendees include EU Commission Executive Vice President Raffaele Fitto, Industry Minister Adolfo Urso, European Automobile Manufacturers' Association (ACEA) Director General Sigrid de Vries, European Parliament Vice President Roberts Zile.

Rome, "Atreju" festival continues; ends on December 1. On Thursday expected attendees include Justice Minister Carlo Nordio, University and Research Minister  Anna Maria Bernini, Cabinet undersecretaries Alfredo Mantovano, Luigi Sbarra, European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti, European Parliament Vice President Antonella Sberna, EU Commissioner Raffaele Fitto, Leonardo LDOF.MI CEO Roberto Cingolani, Labour Minister Marina Calderone, Interior Undersecretary Emanuele Prisco.

Rome, Intesa Sanpaolo ISP.MI CEO Carlo Messina gives speech at LUISS University 2025–2026 academic year inauguration ceremony (1400 GMT).

Rome, state railways Ferrovie dello Stato (FS) Group present 2025-2029 strategic plan 'Next Level' with Chairman Tommaso Tanzilli and CEO Stefano Antonio Donnarumma (1000 GMT).

((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 = 0.8559 euros)