Italy - Factors to watch on May 29

doValue

29/05/2024 05:00

The following factors could affect Italian markets on Wednesday.
    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
    The United States and its partners are prepared to use
sanctions and export controls to prevent China-Russia trade that
threatens their security amid the ongoing Ukraine war, a White
House official said on Tuesday.
    
    ECONOMY
    ISTAT releases May consumer and business confidence data
(0800 GMT); April non-EU foreign trade data (0900 GMT).
    ECB releases April data on Italian banks domestic government
bond holdings (0800 GMT).
    
    DEBT
    Treasury sells 6.0 billion euros 6-month BOT bills.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    TELECOM ITALIA (TIM)  TLIT.MI 
    Board meeting on Q1 results.
    
    DOVALUE  DOVA.MI 
    Japanese tech company Softbank  9984.T  completely cut the
indirect stake it held in the debt-recovery firm through
Fortress Investment, after it sold its majority stake in the
asset manager to Abu Dhabi's Mubadala Investment, a filing by
Italian market regulator Consob showed on Tuesday. 
    
    AVIO  AVI.MI  
    Italy's Vega-C rockets are closer to flying again after a
successful test of their engines carried out at the end of May,
their manufacturer Avio  AVI.MI  said on Tuesday.
        
  
    FASHION
    Italian executive Claudio Sforza has been chosen as chief
executive of loss-making clothing group Benetton, replacing
outgoing Massimo Renon, two sources close to the matter said on
Tuesday.
        
    DIARY
    Stellantis  STLAM.MI  CEO Carlos Tavares attends "Bernstein
40th Annual Strategic Decisions Conference" in Amsterdam (1300
GMT).
    Rome, Cabinet meeting (0900 GMT).
    Rome, Chamber of Deputies holds question time session with
Industry Minister Adolfo Urso (1300 GMT).
    Rome, Italian luxury goods companies association Altagamma
holds "2024 Altagamma Day" (0800 GMT) with President Matteo
Lunelli, Industry Minister Adolfo Urso, outgoing Fendi CEO Serge
Brunschwig, OTB Group Chairman Renzo Rosso, Bulgari CEO
Jean-Christophe Babin, Brunello Cucinelli  BCU.MI  CEO Lisa
Lisandroni (0820 GMT). 
    Rome, Civil Aviation Authority (ENAC), Eni  ENI.MI  and
Aeroporti di Roma (ADR) hold conference on decarbonisation (0720
GMT) with ENAC Director General Alessio Quaranta (0745 GMT); EU
Commission's  Filip Alexandru Negreanu (0820 GMT); Airbus'
 AIR.PA  Julien Franiatte (0920 GMT); ADR CEO Marco Troncone,
ENAC President Pierluigi Di Palma, Infrastructure and Transport
Deputy Minister Galeazzo Bignami (1000 GMT).
    Rome, conference "The geopolitics of digital and the new
challenges of international politics" (1430 GMT); with National
Cybersecurity Agency's (ACN) Director General Bruno Frattasi,
Telecom Italia (TIM)  TLIT.MI  Sparkle unit CEO Enrico Bagnasco,
Leonardo  LDOF.MI  co-Director General Lorenzo Mariani (1515
GMT); Cabinet Undersecretary Alfredo Mantovano delivers closing
address.
    
    
    ((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/