Italy - Factors to watch on Nov. 18

Corporacion Acciona Energias Renovables SA

18/11/2024 05:00

The following factors could affect Italian markets on Monday.
    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
    Voting ends at 1400 GMT for local elections in the northern
region of Emilia Romagna and the central region of Umbria.
    
    ECONOMY
    In its Nov. 2024 monthly report, published on Saturday, the
Italian Banking Association (ABI) said market interest rates had
fallen since October 2023. This downward trend continued in
recent weeks following the European Central Bank decision to cut
rates and also anticipating further ECB decisions, it said.
    
    COMPANIES
    UNICREDIT  CRDI.MI 
    Commerzbank  CBKG.DE  and Italy's second biggest lender held
a round of investor talks this week, a person briefed on the
matter said on Friday, the second such interaction since
UniCredit disclosed in September that it had snapped up a
significant stake in the German lender.
    A filing by Italian Bourse watchdog Consob on Friday showed
that Goldman Sachs holds a 5.61% stake in UniCredit, 4,36% of
which in derivatives and 1.02% of voting rights.
    
    ENEL  ENEI.MI 
    The Italian utility holds on Monday its Capital Markets day
after its Spanish subsidiary Endesa last week agreed to buy 626
megawatts (MW) of hydroelectric assets from power company
Acciona Energia for 1 billion euros.
    Enel's 'Capital Markets Day 2024' starts in Milan at 0730
GMT, with news conference at 1040 GMT.
    
    PRYSMIAN  PRY.MI 
    The world's largest cable maker said on Friday it had
approved a 3-billion-euro ($3.17 billion) programme of bond
issuance.
    
    LEONARDO  LDOF.MI  
    Fitch Ratings said on Friday it had improved its outlook on
the Italian defence company to "positive" form "stable", while
affirming its 'BBB-' rating.
    
    MOLTIPLY  MOL.MI 
    The Italian financial firm has emerged as the only bidder
for German media group ProSiebenSat.1's price comparison portal
Verivox, two sources close to the matter said on Friday.
   
    AQUAFIL  ECNL.MI 
    Starts capital increase; ends on Dec. 5.
    
    SALCEF GROUP  SCFG.MI 
    Second of two-day suspension from negotiation on Euronext
Milan ahead of de-listing.
    
    DIARY
    Prime Minister Giorgia Meloni and Economy Minister Giancarlo
Giorgetti attend G20 Summit in Rio de Janeiro, Brazil.
    Rome, Bank of Italy and financial network SUERF hold joint
conference "Inflation, Inflation Expectations, and Policy: New
Perspectives"; insurance supervisor IVASS President and Bank of
Italy Deputy Governor Luigi Federico Signorini delivers welcome
address (0800 GMT); ECB Chief Economist Philip Lane gives speech
(1300 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 = 0.9475 euros)