Italy - Factors to watch on March 23

DiaSorin SpA

23/03/2026 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

Italians on Monday continue voting in a referendum to confirm a contested judicial reform put forward by Prime Minister Giorgia Meloni, a key test for her right-wing coalition ahead of a general election due next year.

Voting ends at 1400 GMT.

DEBT

Treasury announces sale of 6-month BOT bills, with relative amounts to be auctioned on March 26.

The Treasury said on Friday it would sell up to 4 bln euros in Short-term Btp and Inflation-linked Btp bonds at March 25 auction.

COMPANIES

MONTE DEI PASCHI DI SIENA BMPS.MI

(*) The board of the Tuscan bank is expected to discuss at a previously scheduled meeting on Monday the future of its CEO after Luigi Lovaglio's decision to bid for another mandate despite being ruled out by the board, two sources with knowledge of the matter told Reuters on Sunday.

PLT Holding, the investment vehicle of the Tortora family which owns more than 1.2% of the bank, said on Saturday it had filed a slate of nominees for the MPS board in April and was proposing to keep Lovaglio in the job.

Pierluigi Tortora, head of PLT Holding, told Reuters on Sunday the goal in presenting an alternative list to that filed by MPS directors for the renewal of the board was to garner support of roughly one fifth of the bank's capital. Tortora said that while proxy advisers normally recommend voting the board's list the MPS case was unique and the market had shown appreciation for the project PLT wants to see executed by supporting the Mediobanca takeover and driving shares higher before the recent turmoil.

Furthermore, a group of funds, holding a combined stake of over 0.7%, has filed a list consisting solely of independent candidates.

POSTE ITALIANE PST.MI, TELECOM ITALIA TLIT.MI

The Italian postal service said on Sunday it was launching a cash and share offer to buy former phone monopoly Telecom Italia for 10.8 billion euros ($12.50 billion). A Telecom Italia spokesperson said the board would meet on Monday to discuss Poste's takeover bid.

(*) Poste will hold a call with analysts at 1000 GMT.

UNICREDIT CRDI.MI

The bank is weighing three options to potentially sweeten its all-share takeover offer for Commerzbank, Italian daily Il Messaggero reported on Sunday without citing sources. A representative for the bank referred to recent comments by CEO Andrea Orcel, who said last week that an offer with a higher premium was not being considered at the moment.

STELLANTIS STLAM.MI

The Franco-Italian carmaker said on Friday its German brand Opel was ready to enter the Formula E electric car championship from the 2026/27 season.

(*) STMICROELECTRONICS STMMI.MI

The Franco-Italian chipmaker said on Monday it had started deliveries in China of the locally-produced STM32 microcontroller.

LOTTOMATICA LTCM.MI

S&P Global upgraded on Friday the group's outlook to 'positive' from 'stable' and confirmed its rating at 'BB'.

DIASORIN DIAS.MI

The Italian medical diagnostics group said on Friday it was targeting a 2026 profit margin in the range of 32%-33% while cautioning that the forecast excludes any potential indirect impact from the Middle East conflict.

FORMER ILVA STEELWORKS

India's Jindal Steel International has submitted a binding offer to buy all the assets of Italian steelmaker Acciaierie d'Italia (ADI), Italian news agency AGI reported on Saturday, citing senior sources.

EXOR EXOR.AS

Releases FY results.

(*) JUVENTUS JUVE.MI

The bianconeri drew 1-1 with Sassuolo at home on Saturday.

(*) LAZIO LAZI.MI

The Roman club won 2-0 away to Bologna on Sunday.

FTSE MIB share index revision effective as of Monday.

DIARY

Italy' statistics agency ISTAT presents the 14th edition of "Report on the competitiveness of productive sectors" (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/