Italy - Factors to watch on August 29

E-Novia SpA

29/08/2024 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
    Italy plans to confirm a commitment to bring its
deficit-to-GDP ratio below the European Union's 3% ceiling in
2026 in the Treasury's medium-term structural budget plan to be
presented by mid-September, sources said.
    
    DEBT
    Treasury sells 4.0-4.5 billion euros new 3.00% BTP bonds due
Oct. 1, 2029; 2.75-3.25 billion euros 3.85% BTP bonds due Feb.
1, 2035; 1.0-1.5 billion euros CCTeu bonds due April 15, 2032.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    BRUNELLO CUCINELLI  BCU.MI 
    Italian luxury group Brunello Cucinelli posted a 19%
increase in first-half operating profit on Wednesday, reaching
104.6 million euros ($116.4 million), and confirmed its guidance
for a 10% increase in sales this year.
    
    UNICREDIT  CRDI.MI   
    The Italian bank postponed the date of its board meeting to
approve third quarter results to Nov. 5 from Oct. 23, it said on
Wednesday.
    
    MEDIOBANCA  MDBI.MI   
    The Italian lender completed on Wednesday the placement of a
7-year, 750-million-euro covered bond, with around 74% of orders
coming from abroad, it said.
    
    E-NOVIA  E9IA.MI 
    Ends capital increase.
    
    Milan Stock Exchange After Hours market closed.
    
    DIARY
    Ceglie Messapica, 7th edition of annual event on "From
Puglia to the South, from Italy to Europe (and beyond). Dreams
and projects of an end of summer night" starts (1700 GMT); ends
Aug. 31. On Thursday expected attendees include Health
Undersecretary Marcello Gemmato, Industry Minister Adolfo Urso,
Civil Protection and Sea Minister Nello Musumeci, Infrastructure
and Transport Deputy Minister Galeazzo Bignami.
    
    ((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/