Italy - Factors to watch on Sept. 26

Danieli & C Officine Meccaniche SpA

26/09/2023 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
    Italian Prime Minister Giorgia Meloni has written to German
Chancellor Olaf Scholz telling him she learned with
"astonishment" of a German government initiative to finance
migrant charity groups operating in the Mediterranean.
    
    DEBT
    Treasury sells 2.5-3.0 billion euros 3.60% BTP Short bond
due Sept. 29, 2025 and 1.25-1.75 billion euros following two
BTPei bonds: 1.50% due May 15, 2029 and 2.55% due Sept. 15,
2041. Subscriptions close at 0900 GMT.
    Treasury said on Monday it would offer up to 9.5 billion
euros in bonds on Sept. 28, including a new 5-y BTP. 
        
    COMPANIES
    BANKS 
    Italy's larger banks are still expected to pay a one-off
banking tax despite the government at the weekend offering
lenders a way out in return for putting aside cash to boost
reserve buffers.
    
    MEDIOBANCA  MDBI.MI 
    A group of Italian investors with a combined 10.9% stake in
the bank will vote to give Chief Executive Alberto Nagel a new
term at a shareholders' meeting on Oct. 28, one of the group's
members said.
    
    DANIELI & C.  DANI.MI 
    Releases FY results.
       
    
    DIARY
    Rome, European Affairs, South, PNRR Minister Raffaele Fitto
holds meeting to discuss update on PNRR programme with
representatives from business lobby Confindustria, builders'
association ANCE, banking association ABI, insurers' association
ANIA (0700 GMT); farmers' lobby Coldiretti, farming association
Confagricoltura (0800 GMT); trade unions CGIL, CISL, UIL, UGL,
CONFSAL, CISAL, USB (0900 GMT); trade association Confcommercio,
shopkeepers' association Confesercenti (1400 GMT); small
companies association Confartigianato (1500 GMT).
    Rome, event "Small- and medium sized companies and capital
markets: the European challenges" (1300 GMT); expected attendees
include Fondo Italiano di Investimento President Barbara
Poggiali, OECD representative Carmine Di Noia, market regulator
CONSOB Director General Luca Filippa, Borsa Italiana President
Fabrizio Testa, European Securities and Markets Authority (ESMA)
Senior Policy Officer Valerio Novembre, Economy ministry
representative Stefano Cappiello, state-acked agency Cassa
Depositi e Prestiti Chief Economist Andrea Montanino, European
Investment Bank (EIB) Chief Economist Debora Revoltella, Economy
Undersecretary Federico Freni.
    Rome, signature of memorandum of understanding between
farmers lobby Coldiretti and Italgas  IG.MI  to promote the
development of biomethane with Environment Deputy Minister
Vannia Gava, Agriculture Undersecretary Patrizio Giacomo La
Pietra, Italgas CEO Paolo Gallo, Coldiretti President Ettore
Prandini (1230 GMT).
    Rome, banking association ABI with savings banks association
(ACRI), Bank of Italy and insurance supervisor IVASS present
event "it's culture!" with ABI General Manager Giovanni
Sabatini, ACRI Vice President Giuseppe Morandini, Bank of Italy
Vice President Alessandra Perrazzelli (1200 GMT).
    Rome, round-table discussion on "Towards the Gigabit Society
- Which strategy for inclusive connectivity", final event in
presence and online (0800 GMT); expected attendees include
Economy Minister Giancarlo Giorgetti (0820 GMT); Franco
Accordino from EU Commission.
    Milan, report presentation "21st Credit Card and Digital
Payments Observatory" (0900 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/