Italy - Factors to watch on March 7

Creactives SpA

07/03/2023 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
    Italy seems to have avoided an economic recession despite
being hit by costly energy prices and record high inflation,
Economy Minister Giancarlo Giorgetti said on Monday.
    Giorgetti also said the government was set to unveil a
package of measures to boost initial public offerings (IPOs) on
the Milan bourse.
    
    ECONOMY
    Bank of Italy releases February data on Target 2 liabilities
and European Central Bank funding to Italian banks.
    
    DEBT
    Treasury continues its offer of new 5-year BTP Italia
reserved to retail investors, ends on March 8, subject to early
closure. It sold 3.64 billion euros of its inflation-linked bond
to retail investors on Monday, the first day of its offering,
Bourse data showed.
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on March 10.
    
    COMPANIES
    STMICROELECTRONICS  STM.MI 
    The European chipmaker will change its Euronext trading
symbols in STMMI for shares traded in Milan and STMPA for shares
traded in Paris, starting from March 13, the company said in a
statement. 
    
    IPO, CREACTIVES GROUP  CREG.MI  
    The company developing artificial intelligence technologies
for the supply chain is expected to debut on Euronext Growth
Milan.
    
    IPO, REWAY  IPO-RWY.MI 
    The Italian infrastructure group is expected to debut on
Euronext Growth Milan on March 8.    
    
    NEXI  NEXII.MI 
    Releases FY results (0600 GMT), followed by conference call
(0700 GMT).
    
    BANCA MEDIOLANUM  BMED.MI 
    Board meeting on FY results (FY results released on Feb. 8).
    
    FINCANTIERI  FCT.MI 
    Board meeting on FY results.
        
    DEA CAPITAL  DEA.MI 
    Last of two-day of suspension from trading before
de-listing.
    
    DIARY
    Telecom Italia (TIM)  TLIT.MI  CEO Pietro Labriola delivers
opening address at 'The Italy of smart and sustainable cities'
online event (1000 GMT).
    Rome, Economy Minister Giancarlo Giorgetti via video
conference (1000 GMT) and EU Affairs, South and PNRR Minister
Raffaele Fitto (1200 GMT) speak before Senate Budget Committee
on the EU-funded National Recovery and Resilience Plan (PNRR).
        
  
    ((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/