Italy - Factors to watch on October 18

Danieli & C Officine Meccaniche SpA

18/10/2024 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 .
    
    ECONOMY
    Bank of Italy releases August data on foreign investors
holdings of Italian government bonds.
    
    DEBT
    Italy's Treasury said on Thursday it would offer up to 3
billion euros ($3.25 billion) of two BTP bonds maturing on
August 1, 2034 and February 1, 2037, respectively, buying back
five bonds maturing between 2025 and 2026.
    
    COMPANIES
    BRUNELLO CUCINELLI  BCU.MI 
    Revenues at Brunello Cucinelli rose 12.7% at constant
exchange rates in the first nine months of the year, driven by
double digit growth in the Americas and in Asia, the Italian
luxury group said on Thursday.
    
    ITALGAS  IG.MI , SNAM  SRG.MI 
    Snam CEO said on Thursday the gas grid has not changed its
mind on Italgas, confirming the group would keep its financial
exposure on the gas distributor unchanged and would not buy into
a future capital increase.
    
    SNAM  SRG.MI , ENI  ENI.MI  
    The Italian gas grid operator will fold its 50% stake in a
carbon capture and storage (CCS) project in the Adriatic into
Eni's CCS unit, its CEO said on Thursday, adding the gas grid
could further invest in this spin-off.
    
    SAIPEM  SPMI.MI 
    Brazil's Federal Court lifted a two-year ban against two
units of the Italian energy engineering group on contracting
with the country's public administration, the company said on
Thursday.
    
    DANIELI & C  DANI.MI 
    News conference on FY results(1300 GMT); followed by online
presentation (1500 GMT).
    
    DIARY
        Prime Minister Giorgia Meloni meets Jordan King Abdallah
II in Aqaba, Jordan (0900 GMT).
  
        Prime Minister Giorgia Meloni meets Lebanese Prime
Minister Najib Mikati in Beirut, Lebanon (1330 GMT) and Lebanese
President Nabih Berri (1430 GMT); might visit UNIFIL Italian
soldiers.
  
    Fitch and S&P Global rating agencies scheduled review of
sovereign debt rating on Italy.
    Rome, Italian unions call eight-hour strike for metal
workers at Stellantis  STLAM.MI  plants and its local suppliers
to protest against the auto maker's falling production in the
country.
        
    ((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/