Italy - Factors to watch on October 31

Directa SIM SpA

31/10/2024 05:00

The following factors could affect Italian markets on Thursday.
    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
    ISTAT releases September unemployment rate flash data (0900
GMT); October CPI flash data (1000 GMT); August industry sales
data (1100 GMT).
    
    COMPANIES
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI 
    Italy is struggling to find a "strategic" buyer for its
stake in the lender before a year-end deadline, leaving it with
little alternative but to turn to the market and broaden a
fragmented shareholder base, two sources close to the sale
process said.
    
    INTESA SANPAOLO  ISP.MI 
    Moody's affirmed the lender's 'Baa1' ratings on deposits and
senior unsecured debt with a stable outlook.  
    Board meeting on Q3 results, followed by conference call
(1400 GMT).
    
    AMPLIFON  AMPF.MI 
    The Italian hearing aid company again trimmed its annual
margin guidance on Wednesday, hit by higher marketing costs in
Europe in the third quarter, but ruled out competition risks
from new players such as Apple.
    
    PRYSMIAN  PRY.MI 
    Releases Q3 results (0515 GMT), followed by conference calls
with media (0630 GMT) and analysts (0800 GMT).
    
    STMICROELECTRONICS  STMMI.MI 
    Releases Q3 results (before European bourses openings),
followed by conference call (0830 GMT).
    
    STELLANTIS  STLAM.MI 
    Board meeting on Q3 results, followed by conference call
(1200 GMT).
    On Wednesday, Prime Minister Giorgia Meloni told state
broadcaster RAI that Stellantis Chairman John Elkann had
disrespected parliament with his decision not to attend a
hearing to discuss the situation of the auto sector in Italy.
        
    DIARY
    Economy Minister Giancarlo Giorgetti attends, via
videoconference, G20 Finance and Health joint meeting (1200
GMT).
    Rome, savings banks association (ACRI) holds 100th World
Savings Day "1924-2024. A hundred years of savings culture" with
Economy Minister Giancarlo Giorgetti, Bank of Italy Governor
Fabio Panetta, ACRI President Giovanni Azzone, banking
association ABI President Antonio Patuelli, World Savings and
Retail Banking Institute (WSBI) President Isidro Faine (0900
GMT).
    Milan, Milan Stock Exchange holds event "Invest in a
changing world" with CEO Fabrizio Testa, market regulator CONSOB
Director General Luca Giuseppe Filippa, Directa SIM  DS.MI  CEO
Andrea Busi (0730 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/